How do you roll in regards to pocket money for your kids? I’ve heard many different arguments about the concept and I’d love to hear your thoughts as well.
I’ve heard many differing opinions; there’s the ‘children should be doing chores to learn responsibility without being bribed’ opinion, the ‘children should learn that money only comes from hard work and responsibility’ line, and my least favourite only comes from crazy people – give kids money just for being kids. I find the last opinion fundamentally flawed, if getting money came from just being cute and doing jackpoo I’d be a freaking non-working gazillionaire.
I’m not a tight arse, but honestly I’ve only tried combining the first two. Our kids have their regular chores I expect them to do simply because they should and if they want something extra they have to earn it. I’ve noticed the commitment level of earning pocket money is directly related to what they’re saving for – if it’s for something they’re desperate to buy, the manic fervour to ‘get it done’ is amazing to witness.
My sports mad 8 year old has been saving money for an AFL sports game. This app is $9.99 so I told him that it’s worth two weeks of extra chores @ $5 per week. I might sound like the proverbial fish’s bum, but I still believe kids should understand the concept of savings… and I also thought it would be fun to have a slave for a fortnight.
Every morning at 6:30am I’ve woken to the dulcet tones of clanging glasses from said slave unpacking the dishwasher. Then the list of chores starts:
“Mac, can you listen while your sister reads to you?
Mac, be a doll and help your sister find her shoes would you?
Can you please take your sisters down to brush their teeth?
Do this, do that blah blah blah… ”
Any resistance is met with a
“Hey buddy, did you want me to download that game on Friday afternoon or Saturday morning?”
Resistance = goneski.
You may judge me for this, but today was my last day of taking advantage of my eldest. He came in at 6:25 to ask whether I wanted to keep the smiling face sticker on the spoon (questions like this are normal) or should he take it off? To be honest, he really didn’t care about the sticker, he only showed me in case I forgot that he was a hard worker and today was in fact payday. Mac also wanted to remind me that the girls hadn’t done anything extra so they shouldn’t get pocket money. After witnessing lazy SOB’s in my old workplace get paid for doing sweet FA, I completely agree with him.
So there you have it. I’ll be downloading a hard earned game this afternoon for my son, and the girls will be out of their mind with jealousy. Hopefully they’ll understand the lesson here and appreciate that all things come to those who get off their bums and earn it.
Do you have a pocket money policy in your house?