I don't think it hurts to give them a few chores, but I'm honestly torn about the idea of tying their chores to their money. For one thing, they should help around the house because they're a part of the family, and the family needs to work together. For another, if you tie the chores to the money, and you push too hard, the push-back could be "well fine, keep your money!
I'm not doing those jobs for just a couple of bucks! " Then what? Kids need to learn to save and manage money.
That's a very important skill. As a kid, I think an allowance definitely helps with that. They learn to save up for what they want, budget, and understand what things cost.
If they can do that and also understand that they have a responsibility to help out, regardless of if they're being compensated or not, then that seems ideal to me. Personally, I would give a child an allowance and chores in line with their age and development, but treat them as separate. If they want to work a little harder to earn a little more, great.
They have their entire lives to slave away while chasing money.
I don't think a kid should be given an allowance at all. As a part of a household you contribute because you are a part of the household. You do chores, or you don't get to be a part of the household.
You can go sleep in the yard. As a kid my dad offered us money for doing jobs above and beyond our chores. For example if I did all my chores, and washed his truck I was compensated.
I was paid for work, not for daily life obligations like making my bed, rinsing my dishes or doing my laundry. In this way you teach a child that money is earned and shouldn't be expected, but that work is expected to survive in life compensated or not.
Growing up we had to do chores. Keeps family closer and prepares themselves for the future. Not to knock YOUR FAMILY, but we don't want our future generation being slobs or lazy.
But its good to work for those $. Also teaches work ethics and the value of money. ;).
A kid should be given chores no matter what. If he/she lives in the house then they need to contribute. An allowance should be tied to doing things beyond that.
You can also give money for good grades. But money should be tied to work and helping out in the house is not work.
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