We give Girlygirl an allowance of $2/week. She will get a $1 raise each birthday. The money is not given to her for chores or anything she just gets it. As part of our family she gets money just as Sweet Dude and I both get $10 each week no matter what also. We do make her give 25 cents to savings and 25 cents to church. The other money is her to use as she wants. She doesn't really understand it yet but we like to start now and teach her little by little.
Saturday, January 17, 2009
Allowance at 2
We give Girlygirl an allowance of $2/week. She will get a $1 raise each birthday. The money is not given to her for chores or anything she just gets it. As part of our family she gets money just as Sweet Dude and I both get $10 each week no matter what also. We do make her give 25 cents to savings and 25 cents to church. The other money is her to use as she wants. She doesn't really understand it yet but we like to start now and teach her little by little.
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5 comments:
I really like this idea of showing the kids the meaning of money by having them at this age giving some to church and some to savings. I think they are not to young to start this. The full understanding isn't there at this age however I think the concept is great to start early. Plus, it brings up questions of "why" from them.
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