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Money for Children: Allowance

Money for Children: Allowance


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At some point children need a bit more independence and maybe even some money in their pockets. This Allowance Chore Chart is designed to assist. Use this handy chart to review what the details of each chore will entail. Be sure that this is crystal clear before including a description. It's important to do the chores of the description fully and without taking any short cuts. When money is going to be the reward, factor in the dollar amount that each completed chore or task should be worth. It may even be healthy to have a discussion with the child about the exact amount each completed chore is worth and even consider explaining why each chore is valued at that amount. Cleaning out the fish tank may be more time consuming and messy versus walking the dog for 15 minutes. When children learn the value of a dollar early on it will really help them develop positive habits. Kids need a sense of responsibility and this is helpful especially when they have the opportunity to earn a bit of cash. This is a fantastic incentive and will even teach children the efforts it takes to earn money. Help out by having this amazing Allowance Chore Chart keep track of the progress. Forming good habits to last a lifetime start here.