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  1. #1
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    Default Pocket Money & Household Chores

    Ok, this will probably start out long winded ... sorry!

    My DD has just turned 6 and from several family members she received a small amount of cash. Normally if it was a few dollars she'd want to put it in her money box, but it was $20 in total and, in her own words "oooohhh! I'm so excited - that's lots of money isn't it mummy?!". After a bit of a discussion she decided she'd like to buy herself something with it. We went to Kmart and she found a few Barbie things she liked but the total was over the $20 - so I explained what she could have for the $20 and how much she'd have left over if she only got 1 or 2 different things etc. Anyway, she bought her stuff and ended up with $4 change, so she got home and hid it. I'm assuming in her money box.

    She then thought it'd be a good idea (got idea from friends at school, I think) that she start helping out to earn her own money so she can buy her own things (that I obviously don't want to buy for her!).

    So, my questions to you lovely people out there are:-

    1) are they too young at around this age to earn pocket money?
    2) what are decent chores that could be expected a 6 year old could do and what sort of boundaries are set? (eg if they whinge about doing it, are there penalties?)
    3) what is a reasonable amount of pocket money for a child of this age?

    THANKS!!!

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    Just bumping this up!

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    Laying the table at dinner time is a good one.

    Help make the beds.

    Run round the house and do pick up tidy ups.

    I think $5 a week would be fine for a 6 yeas old.
    Might also be a good idea to teach her to save half of what she earns and use the rest for spending. Open up a kiddie account for her.

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    Quote Originally Posted by Little_Toad View Post
    Laying the table at dinner time is a good one.

    Help make the beds.

    Run round the house and do pick up tidy ups.

    I think $5 a week would be fine for a 6 yeas old.
    Might also be a good idea to teach her to save half of what she earns and use the rest for spending. Open up a kiddie account for her.
    Thanks - she does set the table. The kids have their own bank accounts (and have MORE money than DP & I!!!!). We will look at the save/spend thing too and work out a decent amount - at least half sounds good at this age.

    Thanks!


 

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