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| Kids & Money Allowance. Chores. Savings accounts. Piggy banks. How do you teach your kids about money? What has worked for you? |
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My dd and ds didn't work summers until they graduated high school. They took summer classes (and my ds also had football practice) that kept them busy while they were in high school. However, once they graduated, they worked during their college summer breaks. My ds worked a couple of summers at a local science camp as a counselor (he is now getting his PhD in biology), and my dd has worked as an art instructor at a local kids art program. She has also worked 2 summers at an university alumni family summer camp program (also as an art instructor). My children lucked out in getting these jobs, because I know that it is very difficult for young people (or anyone these days) to find summer employment.
__________________ Sue |
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My 20 n 18 yr olds have worked since 8-10 yrs old. It started w/pickin up sticks for older lady n mowing grass to putting up hay bales, working at christmas tree/pumpkin farm to any job available. As long as they want a car they pay for car n insurance. I foot clothing n extras but responsibility has to start young. Both have car loans for 2nd vehicles (1st ones were paid for out right then they upgraded as money allowed). My 20 yr old is n college n working pt-time. My 18 yr old just grad high school n is workin fulltime n just rented his own apt. My 9 yr old is learning n helps out at home w chores but I seem to let her get away with less respoinsibility as it has been easier for us to just do it ourselves attitude. I am working on changing that cause I see the benifits working hard has given the older two. I am so proud of them. They know Im always here as back-up but are proud to do it on their own as much as possible.
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When my kids were in high school they worked. DD always worked as a waitress, after graduating she went into the Navy. Ds's first job was for a farmer picking stones out of the fields and bailing hay. He wasn't old enough to do anything else. The next job was in a pickle factory which he did a couple of summers and the last was bagging groceries which was year round. Two months after he graduated, he went into the Army. They bought their own cars, paid their insurance and upkeep like oil changes and they paid for their gas. They put some into savings and the rest they could spend on whatever.
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