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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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  #11 (permalink)  
Old 07-12-2009, 12:24 PM
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Join Date: Jul 2004
Posts: 12,886
My kids have a job mowing a farmstead this summer. They love it. They save thier money in the bank. They are very frugal kids. Dd is talking about what type of a job she wants to look for when we move. They want to pay car insurance, help pay off the service dog. I think I am blessed.
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  #12 (permalink)  
Old 05-07-2011, 05:00 PM
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Join Date: Sep 2002
Location: Australia
Posts: 24,200
I have no problem with summer jobs, they are hard to come by and you usually have to have your resumes in by Aug-Sept to stand a chance, not summer jobs as such. As Cameron has just started senior it's more important for him to get a handle on his school work and marks for his combined yr 11 and 12 marks. So when he's ready and wants money he'll go out and try. I must say though that he's doing well on his pocket money (and the jobs he does around the house for it) and he's a good saver. He doesn't want much, he's saving for his car, he's halfway there and if they buy their car, like Sharons kids they have to be able to pay the insurance, the rego and any repairs. We don't even buy their mobile phones, you can't pay for it you can't afford it. They do or did extra for extra money, mowing, car washing, house washing and stuff

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  #13 (permalink)  
Old 05-08-2011, 08:09 PM
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Join Date: Apr 2011
Location: California
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My oldest would love a summer job, but it's hard to even find a babysitting job around here.
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  #14 (permalink)  
Old 05-09-2011, 06:01 AM
RobertaD's Avatar
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Join Date: Jan 2004
Location: Ohio
Posts: 16,481
What about having her go around the neighborhood leaving flyers that she will do summer babysitting in their home and if she is able light housekeeping for an extra charge (dusting, vacuum, laundry).

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Old 05-09-2011, 06:33 AM
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Join Date: Dec 2005
Location: Pennsylvania
Posts: 5,935
My boys use to mow yard and weed flower beds for people in the neighborhood for extra money. Alot of people can't afford a lawn care service can afford a teenage that is willing to try and make the yard look nice.
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