Did you get an allowance when you were younger? How much did you get? Do you have kids? Do your kids get an allowance? How old were your Kids when you started giving them an allowance? How much do you pay? Are you tired of my questions yet?
I never got an allowance when I was a kid. If I worked, I got paid. My Dad believed that I wouldn't learn the value of money if it was just handed to me and I didn't have to work for it. You know what? I'm okay with that.
I plan to use the same basic idea for the Kiddo. He'll have a list of chores. If they get done, then he'll get paid.
The point of my post is this: How young is too young to start paying my Kiddo?
The Kiddo already helps me out around the house. He always helps me empty and load the washer and dryer. He helps fold towels all the time and he helps change the trash bag. I'm considering starting to pay him a bit.
Obviously I don't plan on paying him like ten bucks a week or anything but something. It would be a good way for him to start saving a bit and he would be all excited to get money for his bank.
So, remember all those questions from the beginning? They belong here too. Thoughts?