What Are Kids Earning These Days?
I will start by saying my son does not get an allowance... I didn't get one growing up... I don't like the idea of paying your kids... I do give him money here and there to go out and do things... But having a pay scale for doing things I think he should do anyway is crazy to me?
Do You Pay Your Kids?
A lot of people do... The average kid gets $8-a-week in allowance, according to a new study. Plus they can also earn more for random chores... Here's a list of the rates you can expect to pay for your kids doing stuff around the house...
1. Washing the car is worth an average of $4 extra.
2. Taking care of the yard, $4.
3. Cleaning their room, $2.
4. Laundry, $2.
5. Vacuuming, $1.50.
6. Taking out the garbage, $1.
7. Washing the dishes, $1.
To me, most of those things fall into the "You Live Here So Do It Bucket"... On the plus side... the study says kids save about 37% of the money they get... On the negative side... not my son... if any thing he spends more than he has!