Should kids get allowance? Part 1

preview_player
Показать описание

Explore More Shows from Ramsey Network:

Ramsey Solutions Privacy Policy
Рекомендации по теме
Комментарии
Автор

My daughter is at present 5yo.
She has house hold jobs.
I bought her a small electric vacuum.
- Make bed (5yo standard)
-vacuum
-feed chooks
-tidy lounge toys.

She is paid $5 a week for her efforts. But looses money if she doesn't do it.

She loves helping me. She wants to wash up her dishes, takes the toilet rolls to the bin for me.

We have a school banking system with the commonwealth bank here in Australia. She banks her money every week.

She also does exactly what he said, she takes to her plate to the sink, she wipes her part of the table down and cleans up ect.

I want my child to be the respectable, honest, helping.

But she is still a child, she can make the biggest mess and I will help her tidy up of course. Somedays she is being a true 5 old and having a bad 5yo day so I have to parent accordingly and not treating her like a 16yo


But we sit together and read books, we watch movies together, she plays outside in the dirt with the chickens.

dustysgarden
Автор

I'm an only child, and my dad would always get me so many toys as a kid. And one thing that I can remember from long ago (I'm unsure how I still manage to remember this), is that he said to me: "Make lots of money when you grow up, so you can buy all the toys you want."

He didn't give me an allowance, but he taught me how money is valuable and what it offers.

P.S. He mostly gifted me on birthdays or whenever I had great grades. It wasn't random gifting out of nowhere.

ryanr
Автор

Being an adult means having your OWN basement to play Nintendo in.

VampireKan
Автор

Grew up with my grandpa, and he would say, "if you don't work, you don't eat" and he always meant it

erickpana
Автор

My parents taught me right. Although I still sit around a lot playing Nintendo it is during my free-time in my own house after I'm done working.

LawWellJ
Автор

I never asked for an allowance as a kid. My parents paid for my food my clothes school fees etc. the least i could do is take out the trash and clean up around the house and help with pretty much anything my parents needed my help with

Tundra
Автор

I have heard a lot of parents say, "I just want my kids to be kids. They have the whole rest of their life to work." Well, that's great in theory, but kids need to be taught skills like this when they are kids. It's like Dave said another day on his show, "I don't want to raise great kids. I want to raise my kids to be great adults."

slingnsharks
Автор

I like that, “too many rules is legalistic, but too much grace is enabling” 👌🏾

Joniaprild
Автор

when I was kid we had a small allowance but additional money could be earned through extra work, there where also jobs that had to be done regardless and didn't receive payment

Margatatials
Автор

My parents never gave my brothers and I any allowances, or commissions for cleaning our room or toys for Christmas or anything like that, we didn't have consoles, or cable television. As far as I knew, we were dirt poor... so during the last year of elementary school my sister an I started our own business... she made bracelets and I sold them for about 50 cents mostly to the mothers of other kids. We saturated the market rather quickly though and made like $100 in a month which was a lot for us at the time. It turns out we weren't dirt poor, but that my dad was investing 2/3 of his income in real estate and was paying 7 properties simultaneously.

mikstratok
Автор

I used to do lawn maintenance for my family and others around my neighborhood. As a first generation immigrant, it was an easy/no excuses way to raise money for myself and the family. I'm a tax lawyer now, but I plan to have my kids mow lawns for money. When you realize you are that low on the totem  pole, not much is above you. On another note,  I get the sense Rachel is a bit silver spoon, wish the advice came from someone else.

CJCVictoriaDC
Автор

I wish all jobs were the kind where the harder you work the more money you make. There are plenty of jobs that are filled with nothing but lazy managers and hard working employees that are never promoted. On top of that the managers hire their lazy friends and pay them more money than those hard working employees that have been working there for years.

Jerico
Автор

I grew up on a subsistence farm. I learned first hand if one does not work, one does not eat. The first year we were on the farm, we did not plan well for a late frost and a large percentage of our chickens died prematurely. That winter, we went hungry quite a bit. I was a harrowing experience. We did not make the same mistake again.

My parents also paid my brothers and I for our grades at school. The higher the grades, the higher the wage. Failure was never rewarded with anything other than encouragement to rectify the failure.

holtscustomcreations
Автор

I started babysitting at 12 and managed this money I worked for. But for allowance at home? ahah forget it. Doing chores as a kid is just doing your bit in a household. Why would you give money to kids for cleaning after themselves? All kids can participate. Don't get me wrong I got once in a while some money to go buy an ice cream or candies but it was never automated nor expected. My mum always sent me to the store to buy milk and bread and gave me money. I always had to bring the correct change. I couldn't myself buy something for me unless she said yes. But once in a while because I always came back with the correct change she would give me a bit of it to treat myself. I just never knew when she would be generous and that was a great thing.

stefaniedoloreux
Автор

My allowance was also food, clothing and shelter. I decided that wasn't enough so I went to the local party store at 14 years old and asked for a job. I earned $1 an hour back then and have been working ever since. But not at the party store, a buck an hour just doesn't pay the bills.

judson
Автор

allowance to me meant salaried. I work a lot or a little and my 5$ allowance was the same. it taught me that you always do your work and to manage limited resources.

zackriti
Автор

I had a “commission” but we did call it allowance. Chores always on the weekend and bring in the grades. I got freedom to go out with friends after saving up. $40/wk, spend $20 on food and save the coins in a jar. By the end of the semester I’d have a nice $100. Made me love saving every nickel and dime.

sage
Автор

I love my parents (and my dad taught me well), but I didn’t really “get it” until those times where I had to buy stuff myself. When I was young and bought a Sega Genesis, my dad didn’t punish me by taking it away because I BOUGHT IT.

When I got older and didn’t have toilet paper, I learned it’s not a given condiment (like ketchup). You actually have to be able to afford it or... you get the idea.

kashfortheking
Автор

I didn't get an allowance (or far treatment for that matter). If I do my chores he won't beat me.

Maikeru
Автор

Love love love this. I tell my children I don't owe them anything. I feed clothe and nurture them from I was pregnant. They have no needs. So if you want money to go out with friends or to buy extra clothes they have to earn it.

thmay