How much of an Allowance does your Child Receive?
photo credit: Material Boy
As a parent you are probably well aware that your child needs spending money from time to time. The question is: how much of an allowance does your child receive? This is up to you as a parent, and should be based on your beliefs, your child’s wants and needs, and of course, how much money you have. After all, if you don’t have enough money to give your child a large (or small) allowance you should stray away from this for the time being.
As noted above, it is your job to decide how much of an allowance to give your child as well as when they will receive this money. Some parents base this allotment on their child’s behavior or how many chores they do around the house. This is a great idea because it helps to teach your child that they need to do work in order to get paid.
But what if I don’t have a lot of money to give as an allowance? As you know, this is something you have to work into your budget. You should never feel obligated to give money that you don’t have. Instead, explain your situation to your child so they have a better understanding of what is going on.
How much of an allowance does your child receive? This can be a tough situation to deal with!
This entry was posted on Thursday, February 19th, 2009 at 5:24 am and is filed under Kids and Family. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
