Comments on: Should I give my child an allowance? Financial Responsibility https://mrsjosephwood.com/2018/03/29/should-i-give-my-child-an-allowance-financial-responsibility/ Sharing stories of Faith, Grief, and Gratitude. Wed, 06 Feb 2019 03:04:33 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Mrs. Joseph Wood https://mrsjosephwood.com/2018/03/29/should-i-give-my-child-an-allowance-financial-responsibility/#comment-2730 Wed, 28 May 2014 03:23:01 +0000 http://mrsjosephwood.com/?p=151261#comment-2730 In reply to Betsy.

Thank you for sharing, Betsy. I will be praying that God will lead you perfectly! I know HE will! Each family is unique and His plan is specific for each of us!

]]> By: Betsy https://mrsjosephwood.com/2018/03/29/should-i-give-my-child-an-allowance-financial-responsibility/#comment-2729 Tue, 27 May 2014 15:33:02 +0000 http://mrsjosephwood.com/?p=151261#comment-2729 I appreciate your post. This is something we have been stewing over in our family as our oldest approaches 1st grade, and we want to begin also working on life skills such as how to manage money wisely. I completely get the logic behind not paying kids for just being in a family. And I agree. But as I’ve read and read some more, I have also found some writing about the negatives of kids earning money through chores. I know. That sounds crazy. My thought exactly. But as I read more, I kind of got that point too. I don’t want my kids to develop the attitude of “how much do I get paid to do that?” At some point, they live in my family, and I want them to help with chores simply because they are a part of our family and we all need to pitch in – and not because we are getting paid to do it. So how do you strike a happy medium? Because I do want my kids to earn money – and I want them to learn how to manage it. I don’t want them to get it for nothing, and I don’t want them to feel that they get paid for every little thing they do? So how do you balance this? (Our current idea is to have basic chores that they complete – for nothing, Just because they are a part of the family. But then also provide additional tasks they have the choice of completing – extra things that will help us out – and they can earn money if they choose to take on the extra work.) Thoughts?

]]> By: Samantha https://mrsjosephwood.com/2018/03/29/should-i-give-my-child-an-allowance-financial-responsibility/#comment-2728 Mon, 28 Apr 2014 01:40:40 +0000 http://mrsjosephwood.com/?p=151261#comment-2728 I don’t get allowance, but I do get “commission” – for helping out once in a while. (aka around $10 every month, nothing much) 🙂

]]> By: Cassondra @ Beyond the Cover https://mrsjosephwood.com/2018/03/29/should-i-give-my-child-an-allowance-financial-responsibility/#comment-2727 Fri, 25 Apr 2014 18:40:20 +0000 http://mrsjosephwood.com/?p=151261#comment-2727 I agree with all that you say. I have grown up never once receiving an allowance, although at a young age I couldn’t understand why my friends received money for chores, but I didn’t. I’m glad I don’t get paid now for work, because then why would I work for anything?

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