Since posting our article on Kids and Money: What Allowances We Give and How We Teach Them To Handle It, it has created a discussion and raised questions on whether or not you should pay your kids to do chores.
There seems to be many thoughts and opinions out there on this topic. Before we share our thoughts, we wanted to gather yours!
There are basically 3 main sides to this issue of kids and money (and lots of ideas and opinions in how these are done too).
- Yes – because teaching them real world lessons and working responsibility by paying them for their chores will teach them about working to earn money so that they are in that working/earning mode when they leave home.
- Yes and no – perhaps getting paid for specialty or extra chores/projects, but not being paid to be a regular part of the family as they will not get paid as an adult to just do things to “live,” (e.g., making bed, picking up, cooking, taking out trash) and therefore not getting paid to do their regular chores.
- No – Not attaching allowances to the chores at all, but they just get allowances for an overall participation in the family life with good attitudes, meaning that they do chores and receive an allowance as a family member but not a one-to-one connection between chores and allowances.
So where do you and your family fall? Do you pay your kids to do their chores? Why or why not?
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