A few weeks ago Stiggy was having a moan because he wanted yet another Hot Wheels from Sainsbury’s and I’d told him no. I decided then to launch the allowance thing.
The allowance is not tied to his chores, because chores are just a part of family life. No one gets paid for doing housework. The rewards are natural: do the laundry and you have clean clothes; cook a meal and you get to eat something nice and homemade; vacuum and you won’t have dust bunnies tickling your toes, etc.
Now, I’d originally planned to give him some silly amount like 10p a week (which is about 22 cents). The idea being that if he wants something, he’ll have to save for it. (Instead of crying for it) I’m also hoping he’ll be more choosy about what he buys since it’s his own money. Of course, at that rate, he’d have to wait 10 weeks just for a Hot Wheels.
Then I decided to give him 50p, then 60p after his birthday (which is at the end of Nov). But even that I’m realising may be too little. He’s been looking through the Argos catalogue, and I’m realising it’s going to take him 40 weeks to save for one toy.
I know some parents give their kids $1 or £1 per year of child’s age each week, but I think that’s way too much. I can’t imagine giving my son £4 per week! There’d be no need to save, or at least save for very long.
So, we’ve put it up to £1 per week. This will also help him when he’s counting it. It will make much more sense to have, say, 5 coins, which is £5. (We don’t have £1 notes, here; they’re coins)
So far, things are going well, and he’s stopped asking for things in shops.