The other day I posted a list of age appropriate chores. While I 100% believe that my children should participate in helping to keep the family home clean and tidy, I do not offer them allowance. My parents never gave any to me, but if I had done my work like I was supposed to and behaved, I would be able to ask them for money should I need or want something within reason. I got to thinking though, what are other parent’s take on the allowance versus no allowance deal? I can see the pros and cons to both.
I would imagine that many parents who give allowance may do so to teach their children responsibility about money by allowing them to have some of their own. I can see the benefit to giving an allowance. Unfortunately, with four children in the home, it could get a bit costly. Also, I do not want the boys to feel like they should only do things to help their family if they are paid to do so. I do offer payment if the boys take on optional larger tasks. For instance, if my oldest cuts the grass, I will give him $5 for each 1/2 acre that he mows (we have an acre total).
As I mostly follow this train of thought, I do see the benefit to not giving allowance too. My boys know that chores are a fact of life and that everyone has to pitch in to help keep the house clean. While I do the majority of the cleaning (for free), they do have a designated task to do each day as well as keeping their rooms clean. This teaches them respect and responsibility for their home without getting anything monetary in return. However, maybe they are lacking in the “how to manage money” skills. Although, I do encourage them to be responsible with their birthday money etc and support any measures they may want to take to earn money of their own.
So, what is your take? Do you give allowance or not? Let me finish this by saying, I do not feel there is a right or wrong answer. Everyone does what they feel is right for their family, and this is just a post to see both sides of the spectrum.