Different Allowance Systems
I have been trying to figure out what system or even if any system works best for giving our kids allowances. I remember as a kid getting an allowance, but can't recall how much at the time or what I had to do to receive my money. If you are debating giving an allowance or what system would work best for your family, here are a few allowance options.
System 1: No Allowance: Now I understand this may not be an allowance system if nothing is given out, but let me explain. Say you have family friends or family that like to give gifts to your children periodically outside of holidays or birthdays. You may feel this is enough and no need for a "set" weekly allowance.
System 2: Allowance System Already In Place: Our elementary schools gives our children tickets in exchange for good behavior. The school then "strongly suggests" when they receive 20 of these tickets, the children should be awarded at home. I let them pick out a small toy once they receive this ticket level. If your school has something similar, this may suffice as an allowance.
System 3: Based on Age: Allowances are given out based on how old the child is. So if you have a six-year-old, they get six dollars a week.
System 4: Chores Are Expected. Allowance Given For Being A Family Member: This system awards children an allowance because they are part of the family and thus "earn a paycheck" for being a member. The money is not because they performed necessary chores, but because chores are expected by every member of the family.
System 5: Weekly Allowance Plus Additional Optional Chores: Children receive a weekly set amount for an allowance. If they want to earn more money, they can look at a chore chart that lists a task and a corresponding dollar amount. For example, vacuum the basement. They would select this task and earn 3 dollars for completing it. Here is a link to one of these charts.
System 6: Just Because: Some parents vary the amount their children get each week based on chores completed plus good behavior for the week. For example, the child scored well on a test or brought home a good report card.
System 7: Going Beyond Without Being Asked: Besides performing all the necessary chores for the week, the children help put with other chores without being asked and do not expect additional money in return. For example, they help clean out the car or pick-up after a sibling without being asked. The parent would then give them an allowance based on "going the extra mile."
Whatever system you end up using for your children, make sure all the parents and guardians are on the same page, chores are age-appropriate and the children are old enough to understand how money works. If you use a different method that works well for your family, please feel free to share below.