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What is appropriate dollar amount of a weekly allowance for children?
Wiki User
∙ 12y ago
This depends on the age of the child, and the responsibilities that they have. Do you require that chores are done to receive allowance? Do you have more than 1 child?
Personally, my mother would post a "chore list" at the beginning of each week for each of us. (there are 3) We would have various chores to complete and check off of the list. If at the end of the week, we'd completed the list we would receive our full allowance. If not, only part, or none.
When we were under 5 years old, we would not receive allowance at all, just special priveleges. Between 6-10 years of age, $20.00. Between 11-15, $30.00. Over 15, GET A JOB!! :) Of course this all depends on your financial situation as a parent as well as what types of things that your children are required to pay for themselves, and what you pay for them as well.
Wiki User
∙ 12y ago
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How much allowance is normal for a 12 year old?
The most common approach in determining the right amount of allowance for a child is to use the age of a child. By that approach, a 12 year old should receive 12 dollars per week if a parent decides to give 1 dollar per year. Another important determinant is the family income and what the allowance is supposed to cover. Therefore, the allowance will vary.
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it depends on how much they do.My opinion is to make a chart to keep track of what they do and pay them a dollar for every good thing they do.
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The verification that the total dollar amount of the debits equals the total dollar amount of the credits in the ledger is called a
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