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How Much We Pay Our Kids For Chores

If you’ve ever wondered how much to pay kids for chores you are not alone. It’s a question my wife and I have wrestled with again and again. I’ve mentioned before why we don’t give our kids allowances. I’m not giving them money just for existing. It seems like that is what an allowance implies. Kids need to feel the burden of work so they can experience the joy of its rewards.

how much to pay kids for choresIn addition to earning some money, doing chores around the house is teaching them responsibility. The home is where they should begin to learn basic life skills. When I was in school, I knew some college freshman who couldn’t do their own laundry. All four of my children have been doing their laundry since they were nine.

Over the years my wife and I have adjusted how much we pay our kids for chores. The amounts started out small and increased as they got older. And then when we started having teenagers, specifically when they turned 16, we made another radical turn. Before I get to that though, here is some background information that helped us decide on how much to pay kids for chores.

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3 Reasons A Good Name Is Better Than Riches (Proverbs 22:1)

a good name is better than riches

“A good name is to be chosen rather than great riches, Loving favor rather than silver and gold.” - Proverbs 22:1 Have you ever thought about the status of your name? Would you say it is good? Do you even care how those around you view your … [Continue reading]

13 Encouraging Bible Verses for Men

encouraging bible verses for men

Let’s face it - men need encouragement. We try to act tough like we can handle everything on our own. But if we are honest, we need to be lifted up just like anyone else. So it’s a good thing there are many encouraging Bible verses for men from which … [Continue reading]

20 Flexible Part Time Jobs For College Students

part time jobs for college students

Every fall about this time, parents are gearing up to send their kids back to school. In some cases, that means sending them to college. It's an expensive proposition putting a child through college. But there are so many part time jobs for college … [Continue reading]

How to Manage Your Side Hustle and Family Life So You Don’t Go Insane

There may come a time in your life where you want to or need to create a side hustle to earn extra income. It can be many things depending on your skills and the depth of your need. Regardless of what you choose, it will be something you do on the … [Continue reading]

Kids, Money and High School Graduation Day

In a few hours, my firstborn child will walk across a stage and receive her high school diploma. It’s been 18 years in the making and now we are here. One of the milestone days any parent looks forward to. It seems like only yesterday. … [Continue reading]

The 3 Main Advantages of a Debit Card

Lady swiping card through a transaction machine

Are there advantages of a debit card that makes them better than using a credit card? Debate rages sometimes in the personal finance world over which one of these payment options is better. I see how both can be used responsibly to assist people … [Continue reading]

Secret Advice For Teenagers Who Love to Spend Money

secret advice

You know who you are - teenager who loves to spend money like it’s going out of style. You spend money faster than it takes a Snapchat to disappear. Money comes into your hand one minute and flows out like water the next. And you like it that … [Continue reading]

8 Bible Verses About God’s Love You Should Never Forget

Ever wonder where our capacity to love actually comes from? It’s pretty clear that our ability to love is something that was given to us by God. In fact, the Bible verses about God's love that I read tell me He is Himself the essence of love and has … [Continue reading]

The Secret Step to Contentment (Philippians 4:11-12)

On Contentment - “Not that I speak in regard to need, for I have learned in whatever state I am, to be content: I know how to be abased, and I know how to abound. Everywhere and in all things I have learned both to be full and to be hungry, both to … [Continue reading]

What to Invest in When You are Scared to Invest

There are times when the stock market causes real fear for investors. It’s scary to see the markets and your portfolio value go down day after day. This is especially true for those closer to retirement. At times like that, it’s hard to know what to … [Continue reading]