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Should Kids Get An Allowance? Central Minnesota Parents Share Their Thoughts
PIGGYBANK?
We seem to have conflicting ideas on the idea of giving our kids an allowance. What do they get an allowance for? Is it good grades in school? That does take hard work and focus. Do we give kids an allowance for household chores? Do your kids that work on a farm get paid an allowance? Or are your kids just lucky that you provide them with everything they need; clothing, cell phone, money for movies, concerts, and sporting events?
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75% OF PARENTS PAY THEIR KIDS AN ALLOWANCE
According to a survey last year, 75% of parents give their children an allowance. The majority of those parents say that their kids have to work for their allowance. 35% of parents pay somewhere between $11 to $20. The average seems to be about $20 a week. The reason most parents give an allowance is to teach their kids the value of working to earn money. Makes sense to me. My parents did it in different ways depending on our age. The older we were, the bigger the chores became and the more money we could make.
CENTRAL MINNESOTANS SPEAK UP ON ALLOWANCE FOR KIDS
Here are some of the responses we received from central Minnesotans about the question: 'How much money do you give your kids for allowance, and at what age do you stop?"
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