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General Parenting
Need advice: did I set the bar too high?
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<blockquote data-quote="SuZir" data-source="post: 569865" data-attributes="member: 14557"><p>The reason my kids have gotten allowance has been to teach them to use money. We are at times taken it off for punishment or they have needed to work well at school to earn it, but in reality they are/were getting it to teach them to budget, to consider what to use, what to save, to learn to plan their purchases. difficult child is now on his own, but easy child's allowance is there to cover lots of things from his basic clothes (I will buy him some more expensive things like outdoors gears because they are too expensive for his regular allowance), bus ticket (or he can walk/use bike) to his entertainment. When you start to make decisions over money and budgeting, you are bound to make mistakes. I like it that consequences of those mistakes is that you don't have a bus ticket for a week or two and have to drive that ten or twenty miles to school by bike than it to be being out of rent money a few years later. </p><p></p><p>So while we have some stipulations for easy child's allowance they are not so that he could loose it for a long time.</p></blockquote><p></p>
[QUOTE="SuZir, post: 569865, member: 14557"] The reason my kids have gotten allowance has been to teach them to use money. We are at times taken it off for punishment or they have needed to work well at school to earn it, but in reality they are/were getting it to teach them to budget, to consider what to use, what to save, to learn to plan their purchases. difficult child is now on his own, but easy child's allowance is there to cover lots of things from his basic clothes (I will buy him some more expensive things like outdoors gears because they are too expensive for his regular allowance), bus ticket (or he can walk/use bike) to his entertainment. When you start to make decisions over money and budgeting, you are bound to make mistakes. I like it that consequences of those mistakes is that you don't have a bus ticket for a week or two and have to drive that ten or twenty miles to school by bike than it to be being out of rent money a few years later. So while we have some stipulations for easy child's allowance they are not so that he could loose it for a long time. [/QUOTE]
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Need advice: did I set the bar too high?
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