The KP Been There Done That Squad is a group of parents sharing their thoughts and experiences on a few topics related to raising their children in Kamloops.
Today’s question is:
Do your kids get an allowance? Will they? What is your family’s perspective on kids and spending money?
We talk about money a lot. Our kids look at prices in the grocery store and we talk about saving and spending etc. They each have a piggy bank and they often seem to find coins and stash them away. Our kids do not get an allowance but we do sometimes ask them to do jobs that are outside our regular routine and then offer them an opportunity to earn some money. For example, we were seeding our back lawn and I asked them to pick out rocks. A full bucket earned them $4.
A friend of mine recently passed on this link to me, http://moneyasyougrow.org. I popped on over to take a look and was really impressed by the site.
Life lessons and sage advice to teach our kids (and remind me) about money! What an awesome resource. If you are wondering about how to teach your children the value of money, and your values about money, check out this site for some really neat ideas and practical examples of ways you can teach your kids about their finances.
Our kids do not get allowance yet. It is something we have been starting to discuss though. We will be using threejars.com. It allows you to input your child’s allowance and show them/teach them that part of the money SHOULD get saved, part of it is for fun and part of it goes to charity or Church. http://www.threejars.
Elizabeth is a Kamloops lifer. Born at RIH, she is happy to be raising her family here. Married with four wonderful children, Elizabeth is also teacher and enjoys working with parents as she learns more about this “Mommy gig”. Elizabeth is passionate about parenting and enjoys networking with other parents.