• 4 Pocket Allowance

Should an allowance be linked to chores?

Updated: Aug 4, 2019

The short answer to this question is that it is up to you.

But, given that a blog post is usually more than one sentence, I'm going to use the rest of this post to share with you what we've done in our family, and the thinking behind it. I'm not saying that our answer is the best - it's just what's best for our family.

We do NOT link the allowance to chores. The main reason is that we feel that doing chores is something that you do as part of a family - you don't get paid to do it, it isn't a job that you can opt out of. No one pays me for all the laundry I've done, lunches I've packed, or every time I put out the garbage.

Similarly, before we had an allowance system, I would from time to time spend money on our kids. It wasn't every time they asked, but there was the occasional purchase. Those purchases weren't tied to chores - they were just because.

My implementing an allowance system, I'm simply empowering our kids to make those decisions on how that occasional money is spent. To me, that doesn't mean that it is suddenly tied to chores.

Now all this said, when there are chores "over and above what is normal" we have no problem doing an allowance top up - aka throwing in a few extra dollars.

But the bottom line, is you have to do what is right for your family.

Should an Allowance be linked to chores, Ideas for parents about allowances and teaching kids about money and financial literacy, #4PocketAllowance

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