How Much Allowance Should I Give My Kids?

Posted on 12/2/2019

I have a few questions: In Teenproofing there is talk about allowance not connected to chores. I love the idea of teaching the kids about money responsibility, budgeting, etc., as discussed. Our...

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Mom on track with chores, allowance

Posted on 11/30/2019

I keep being advised I should use reward charts/money allowances for good behavior and chores around the house (for almost 7 year old). But, something doesn't sit right with me about this. I cant...

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16 year old lacks motivation

Posted on 12/9/2018

My son has become increasingly argumentative and disrespectful. He only seems to care about material things. He is now 16 years old and he is working with a job coach to help him with getting a...

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Money Matters

Posted on 2/19/2018

One more question... I like the idea of having allowance tied to being a member of the family and not contingent on doing chores. Also, chores are expected on command in our household with our...

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11 y/o boy wasting his allowance

Posted on 10/16/2016

Hello. Our son who is 11 has just started receiving a weekly allowance. He has blown it all on junk food (when we aren't around ) and we are not sure how to approach this. Since we know we...

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Husband and Wife Disagree on Allowance Tied to Chores

Posted on 9/7/2016

My husband and I cannot seem to agree on an issue concerning our children. It involves not tying their allowance to their chores. I have read numerous articles of Rosemond's articles/books that...

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How do I help my college kid manage spending money?

Posted on 12/21/2015

As we prepare to have our first child enter college, do you have any advice on how to handle her discretionary spending money? Assuming room and board are paid for, we were thinking about putting...

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5, 7 Year Old Allowance Responsibilities

Posted on 12/11/2015

My husband and I recently started giving our children an allowance to help them learn to manage money. It is in no way connected to their regular chores. Our 7-year-old receives 70 cents per...

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Money Woes

Posted on 10/14/2015

My son is nine years old and every year, for his birthday (and sometimes other special occasions), he receives large quantities of money. For example, he received about $250 for his birthday last...

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9 year old blows allowance

Posted on 4/15/2015

I've been reading through the various articles on allowance, but I need some guidance. My nine year old has always been Mr. Money. Loves it. Does anything to get it. And then spends it at the...

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13 yo birds and bees discussion

Posted on 4/8/2015

Good day, My 13 year old, turning 14 in August, he will be a High schooler. After months of suspension now has his phone back which I have to beg him for to return nightly to me ... almost as if...

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4 year old, 6 year old Allowance

Posted on 11/26/2014

My husband and I want to start giving our two children (ages 4 and 6) an allowance. We agree that they need to learn to manage money, but he thinks they should EARN the money they manage. He...

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Allowance for young teens

Posted on 10/3/2014

I have 2 step sons, ages 12 & 13. My husband & I want to start giving them a weekly allowance, however we are not sure how much, & as to how to tie in with chores. We want to make sure they...

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Allowance for a 4 year old

Posted on 9/28/2014

We have a girl about to turn 4, want to start an allowance type system. Big Dave ramsey fan and he, like you, believes that certain chores should be done because you are a member of the family and...

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Video Games

Posted on 9/23/2014

I need more help in dealing with my question posted September 15. To my dismay I have come to find out that my almost 19 year old daughter was the one who started my now 12 year old son on the...

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Teens monthly allowance

Posted on 7/6/2014

My husband and I are reading Teen Proofing. On the subject of "cash", $100 was identified as a suggestion for monthly allowance and that amount would remain the same for the teen years. Since...

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