Kids' Allowances: How Much, how Often and how Come: A Guide for Parents

Kids' Allowances: How Much, how Often and how Come: A Guide for Parents

by David McCurrach

Paperback

$8.95

Product Details

ISBN-13: 9780967767109
Publisher: Kids' Money Press
Publication date: 02/28/2000
Pages: 97

Table of Contents

Parents' Tips
(How do you come up with the Amount?)
Age (28%)
Age And...(3%)
Behavior (26%)
Arbitrary (14%)
Needs (11%)
Resources (5%)
Negotiation (4%)
Other Parents (3%)
Wrong (2%)
Miscellaneous (2%)
Reasonableness (1%)
 
Amounts
(How much Allowance do you give?)
Monthly And Biweekly Versus Weekly
Boys Versus Girls
Everyone Gets The Same
Weekly Averages
Ranges
The Survey
3-Year-Olds
4-Year-Olds
5-Year-Olds
6-Year-Olds
7-Year-Olds
8-Year-Olds
9-Year-Olds
10-Year-Olds
11-Year-Olds
12-Year-Olds
13-Year-Olds
14-Year-Olds
15-Year-Olds
16-Year-Olds
17-Year-Olds
18-Year-Olds
 
Experts' Tips
Neale S. Godfrey and Carolina Edwards
Amy Nathan
Elizabeth Lewin and Bernard Ryan, Jr.
Janet Bodnar
Jayne Pearl
Emmanuel Modu
Linda Barbanel
 
Dave's Way
Chores
Why
What
How
When
Workbook
Doubts?
1. Frequency
2. Spending
3. Clothing
4. Saving
Saving Goals
Matching
5. Sharing
6. Gifts
Tweaking
Transfers
Journal
Advances
Budget
7. Annual Review
Needs Defined
Changing Needs
Earnings

Introduction

Introduction

Kids' Allowances helps you focus on the most important and challenging aspect of Allowances - determining the amount (How Much). After you have done that, the frequency (How Often) is fairly straightforward and the reason for an Allowance (How Come) becomes self-evident. So, how do you decide on the Allowance amount?

Do you talk with a spouse or close friend? Negotiate with your children? Give them their age in dollars? Or just pick a number, any number? As you probably know, you can use any of these methods and they will work to a degree.

But since you are reading this book, you are probably looking for a better way - something more likely to assure success. Ever wonder what other parents do? How much other kids get? What the experts have to say?

Well, wonder no more. It is all here - everything you need to know to make sure your children's Allowance is enough to teach them how to manage money responsibly, but not any more than needed to accomplish that goal. By putting this information to use, you can be assured you are getting the most for your Allowance dollars.

We start with other parents. Hundreds of them share with us how they come up with the Allowance amount. You can review a sampling of their approaches in the Parents' Tips chapter.

Next, check out how much Allowance thousands of parents give their children in the Amounts chapter. You can even find specific numbers for your age child.

After that, see what the experts have to say. The views of leading authors are presented in the Experts' Tips chapter.

And finally, everything is brought together in the Dave's Way chapter. When you are finished, you will have all the tools and information you need to determine the best Allowance amount as well as how often to give it. You will also have a system to adjust the amount and frequency, as your kids get older.

As you go through this book, highlight areas that strike a responsive cord. Make notes in the margin. Dog-ear the pages. Make this book work for you.

To make it even easier, we have collected all the hyperlinks mentioned in the text and put them on the Internet. Simply go to kidsmoney.org/kalinks.htm for a quick and easy connection to all the linked material.

When you are done with this book, go directly to The Allowance Workbook and complete it. After you are done with that, you will have an Allowance program customized to your child's needs and incorporating your own personal values.

Good luck and good reading! We appreciate you choosing this book and hope it gives you the information you are after.

Thank you,

David McCurrach
January 1, 2000

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