Chore Charts and Chores
Articles
by Lori Mackey

Allowance Game
 The Allowance game is a wonderful tool that you can use to teach a phenomenal amount of information about finances and wealth to your children. You can use it to break bad habits, stop your kids from spending all of YOUR money, teach the value of money, teach your child how to become a wise consumer, and teach a work ethic. I know you’re thinking “Yeah, right!” But read further, and you will understand why I make these strong assertions!

Paying for Chores with Allowance
Figuring out how much to pay your child is easy. Beginning right now, write down how much you spend from this point forward on things for your child that are not “necessities” – things like candy, videos, toys, CDs, trinkets, and other extras. Also, write down the things that your child asks for that (would) require you to spend money. To the best of your ability, write down what you have spent on these things in the past month for each of your children. Keep this list in a place where you can easily update and refer to it.

Chores
What Should You Pay Your Child For?
 As a parent, you must decide what ways you deem appropriate for your child to earn money. There are many different ways to pay your children, and it depends on their personalities, habits, attitudes, and the choices they make on a daily basis. I’ll use my children as an example. Both my kids can earn $14.00 a week base pay. Do they? NEVER! Nevertheless, they could earn this amount if they did everything I am willing to pay for.

An essential part of your children understanding the value of money, is through earning money. Prosperity4Kids, Inc. has compiled a
suggested list of chores for you to download FREE!

You will also receive our Chores Checklist -
an ideal method of keeping track of your
child's completed chores each week.