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What allowance for 10-year old?

Not what you got when you were 10, but what are you paying your 10-year old today?

Old 10-05-2013, 08:27 AM
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Ours is all based on chores and tasks around the house. He's 11 and can earn up to 75.00 a month if he tries hard.
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Old 10-05-2013, 08:29 AM
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Allowance? 10 year-old? Bwahahhahhhaaaahahahaaahahaha no stop, it hurts, hahahahhhahhhahahahah ow hahhahhaahahahahhhaaahahhhaah
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Old 10-05-2013, 08:31 AM
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I dunno. Couple grand a week?
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Old 10-05-2013, 08:39 AM
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Forgot to add "if anything".
Old 10-05-2013, 08:42 AM
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Quote:
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Ours is all based on chores and tasks around the house. He's 11 and can earn up to 75.00 a month if he tries hard.
The only way to do it.

Mine then had to put 25% of what they earned in the savings account we started for each of them.

Allowance for chores lasted until they were able to do real work. I then payed them by the hour.

I pay my kids (21 and 19) $10 an hour to work on the farm when they are home from school. It is real work and they are good at it.

Never had a complaint. In fact, two of my sons friends who chose to go to Juco work for me for on the weekends when I need them. One is so good at mowing and tractor work I may adopt him.

Get started early.
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Old 10-05-2013, 09:27 AM
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Depending upon how many chores he has and how well he does them, I think $5-10 would be fair. He's 10. He shouldn't need much money, and I would assume that at 10, he's probably got a fairly limited set of chores.
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Old 10-05-2013, 09:35 AM
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Allowance? 10 year-old? Bwahahhahhhaaaahahahaaahahaha no stop, it hurts, hahahahhhahhhahahahah ow hahhahhaahahahahhhaaahahhhaah
Giving an allowance to a 10yo is more about beginning to teach them about work ethic and saving/budgeting skills. There should definitely be a required amount of "work" behind the allowance, not just money given for nothing.
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Old 10-05-2013, 09:37 AM
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Stop the bull**** right now.

Kids need nothing but a well fed meal.

They don't need monetary assistance, they need discipline.

We feed about $10 a week, and this past week, it was blown before Friday, thus no roller skate night. Choices...

At 10 years old, I was making $40 a week, I got 10 to spend.
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Last edited by mattdavis11; 10-05-2013 at 09:52 AM..
Old 10-05-2013, 09:41 AM
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Stop the bull**** right now.

Kids need nothing but a well fed meal.

They don't need monetary assistance, they need discipline.
wow, ok. hit a nerve or something?
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Old 10-05-2013, 09:44 AM
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wow, ok. hit a nerve or something?
Must have. No skate night for you
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Old 10-05-2013, 09:52 AM
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For the record, the kid has daily chores (cats' litter box, feed cats, empty slops bucket from kitchen, make bed etc.) and weekly chores (vacuum half the house, take out the trash & recycling, check the tire pressures and oil in all the cars). He doesn't get an allowance for doing his chores. He just does the chores. These are part of his responsibilities as a member of the household.

He also gets an allowance, most of which he banks.

Every six months or so, he gets additional chores to do, and every six months he says, "I should get a raise.".

I told him I would ask the internet what the prevailing allowance for 10-year olds is. He currently gets $2 a week.
Old 10-05-2013, 09:55 AM
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For the record, the kid has daily chores (cats' litter box, feed cats, empty slops bucket from kitchen, make bed etc.) and weekly chores (vacuum half the house, take out the trash & recycling, check the tire pressures and oil in all the cars). He doesn't get an allowance for doing his chores. He just does the chores. These are part of his responsibilities as a member of the household.

He also gets an allowance, most of which he banks.

Every six months or so, he gets additional chores to do, and every six months he says, "I should get a raise.".

I told him I would ask the internet what the prevailing allowance for 10-year olds is. He currently gets $2 a week.
Wow. My kids each got $10 a week a decade ago. The money, in my mind, has to be meaningful to matter, to make an impression.

It was interesting to watch how my kids managed their money. They were complete opposites.
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Old 10-05-2013, 10:00 AM
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We do it by chore, anywhere from 50 cents for dusting up to $2.00 for picking up the dog crap. Like you this is above normal chores such as putting her laundry away or taking out the trash.
Old 10-05-2013, 10:03 AM
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$40K a year?
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Old 10-05-2013, 10:09 AM
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Quote:
Originally Posted by masraum View Post
Giving an allowance to a 10yo is more about beginning to teach them about work ethic and saving/budgeting skills. There should definitely be a required amount of "work" behind the allowance, not just money given for nothing.
How about chicks for free?
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Old 10-05-2013, 10:10 AM
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Quote:
Originally Posted by mattdavis11 View Post
Stop the bull**** right now.

Kids need nothing but a well fed meal.

They don't need monetary assistance, they need discipline.

We feed about $10 a week, and this past week, it was blown before Friday, thus no roller skate night. Choices...

At 10 years old, I was making $40 a week, I got 10 to spend.
Right! I had to get up in the morning at ten o'clock at night half an hour before I went to bed, drink a cup of sulfuric acid, work twenty-nine hours a day down at the mill, and pay the mill owner for permission to come to work, and when we got home, our Dad and our mother would kill us and dance about on our graves singing Hallelujah.
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Old 10-05-2013, 10:12 AM
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Couple of lawns and a paper route. It was easy to make $10.
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Old 10-05-2013, 10:22 AM
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Let's see, the 35 cents a week I got in 1953 converts to $3,01 in 2013 buying power. So that's it, $3.01 per week.
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Old 10-05-2013, 10:48 AM
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When I was a kid our allowance was minimal. But my father was generous with cash rewards for good grades.

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Old 10-05-2013, 11:09 AM
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