I never had an allowance.
As a member of the family, there were certain things expected of me, so I didn't earn money by cleaning my room or picking up after myself. If I wanted something, I had to earn the money by "going above and beyond." It was always a fair exchange I thought; I mean, I wasn't scrubbing baseboards with a toothbrush for a quarter or anything like that.
I imagine it'll be the same with my kids. Kids should certainly learn something about money before there thrust into the world of minimum wage; I just think there will be other opportunities to so. I don't really like the idea giving kids money to reward them for doing the things they should be doing anyway. You know...reward them for doing the extraordinary rather than the expected.
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