Do you struggle with the chores versus allowance dilemma? I have for years. On one hand, giving kids an allowance helps them to understand how to plan out their spending and create budgets and learn the value of a dollar. However, if there are no requirements for them to get the allowance, where is the true lesson? Then we went the route where we took away allowance, assigned chores and when they needed money, they would ask. This didn’t work either because they would always need money, but the chores either weren’t getting done, or they were done poorly.
Then the other day, I had an epiphany. I have a need, and so do they. I need work done around the house, and they need money. So, I sat down and decided what I wanted done on a regular basis and created a 3 job postings (one for each kid). I outlined in detail what, when, where and how and came up with a dollar value for the job. I emailed the job postings to all of them, gave them a deadline to reply by and asked them to list which job they were applying for and why they should be hired.
I got 2 out of 3 responses (my younger son just enrolled for fall semester at college taking 16 credits and was offered a job as a paid tutor at our high school so he backed off) but that’s cool because my older son applied for more than one position. I notified my son and daughter of their hire, the pay scale, when the work week began and what I expected from them. I also notified them that any work not completed on time would result in a reduction of their pay, along with any work product that was not in compliance with the job requirements. I also created a bonus program that will allow them to make extra money and get some projects off my To Do List.
I think this is one of my best ideas because it’s a Win-Win for everyone. It gives them some financial independence and takes the pressure off of me to ask them to help around the house.