Should parents give kids allowances?
Yes
Side Score: 15
|
No
Side Score: 2
|
|
|
|
3
points
2
points
Some people say that on one hand it motivates a kid to do work. The kids will also learn the importance of budgeting, the value of a dollar and Some parents think it is only fair to allow their children the freedom to do something that they enjoy doing ......http://ogibogi.com/node/2238 for details. Side: Yes
2
points
2
points
I would say yes, but only with a strict criteria. You have to pay them for their work in doing chores. You need to give them a reasonable amount of money, not too low, or too high. Too low, and they won't find it worth their time, too high and they will lose the understanding of a set income. The best way to incorporate chores and understanding money, is to find a way for them to need to spend money on something they NEED. You might have to urge them into wanting something as well. Without going into all of the chores, let's say your kid can earn a maximum of $50 a week. Your kid NEEDS to buy lunch at school, since you will only allow them a lunch that is nutritious, but they dislike. They will have to shell out, say, $1.50 each day for lunches. Then they want to go to the movies each Friday with friends, add another $15, including refreshments. More clothes that they don't need can add another $10. Make-up or video games can figure in $20 throughout the month, making about $5 a week. $37.50 a week on average would get a few "necessities". If they didn't do their chores, they can't get what they want, so they'll do their chores, to earn money, but understand that they'll only be able to save a little if they get ALL their chores done, or get only some of their "necessities" if they get half of their chores done. Simple basics that your job teaches you, especially as a parent. Side: Yes
1
point
|