Paris is offline this weekend so he has asked me to write a guest post for him. The topic? Allowances and cyberchores.
According to a Stars for Kidz, a U.S. research firm, almost half of kids 8 to 14 years old are doing cyberchores for their parents. Read the press release . Cyberchores include helping parents share photos online, help with emails, assist with online vacation planning, and downloading driving directions. The kids claim their parents are "clueless" online.
Hmmm.... cyberchores might be a good thing to add to your chores for getting an increase in your allowance. Or perhaps trade "taking out the garbage" for "help with the computer" on your current chore list.
As Neil Randall from the University of Waterloo says, "What child isn't willing to sacrifice taking out the garbage to help upload pictures?"
Showing posts with label Allowance. Show all posts
Showing posts with label Allowance. Show all posts
5.27.2007
2.16.2007
Frugal vs Friendship Necklaces
Sorry I have not been able to post lately. I have been on the verge of death ( just kidding) and could not lift the laptop without needing to lie down, but I am feeling better now. So without further ado, I will type the rest!
Dear Mr. Munnybagz,
My wife and I have always talked about money with our two kids. Our son, 13, is quite good at managing his money. He chooses to bank everything he gets. Our 10-year-old daughter, however, tends to spend whatever she has on things like extra milk, pencil grips, and friendship necklaces. Do you have any tips for us? How can we teach our daughter to be more frugal?
Sincere regards,
A Concerned Father
Dear A.C.F,
How many pencil grips does one need? Anyways, this is a very easy problem to solve. If she's going to continue to waste money like that, you can put her allowance somewhere safe so she can't spend it. And explain to her that if she continues to spend money like that, she'll have tough times later in life. Also, give her more milk at dinner so she's not as thirsty... And one final piece of advice: if she really wants to buy those things, let her. After all, she's only 10. Not many kids have any money sense at all at that age. So she will learn when the time is right.
So until next time, wait until next time!
Munnybagz
Dear Mr. Munnybagz,
My wife and I have always talked about money with our two kids. Our son, 13, is quite good at managing his money. He chooses to bank everything he gets. Our 10-year-old daughter, however, tends to spend whatever she has on things like extra milk, pencil grips, and friendship necklaces. Do you have any tips for us? How can we teach our daughter to be more frugal?
Sincere regards,
A Concerned Father
Dear A.C.F,
How many pencil grips does one need? Anyways, this is a very easy problem to solve. If she's going to continue to waste money like that, you can put her allowance somewhere safe so she can't spend it. And explain to her that if she continues to spend money like that, she'll have tough times later in life. Also, give her more milk at dinner so she's not as thirsty... And one final piece of advice: if she really wants to buy those things, let her. After all, she's only 10. Not many kids have any money sense at all at that age. So she will learn when the time is right.
So until next time, wait until next time!
Munnybagz
1.07.2007
Kids- Earn up to 17 Dollars a Week in Allowance!
Hi there! I just made a power-point presentation to my allowance-givers, requesting that I get a raise from 5 dollars a week to an amazing 12 dollars a week! Pshh, you say. But they almost agreed! They’re still thinking about it though… It just required a little planning and a lot of know-how. Here are some extreme factors that you should use in your allowance pitch. Look around you at other kids allowances and see what chores they have to do to get it and what expenses they have to cover (buy there own presents and toys, or maybe their own clothes).
But remember, when talking about what other kids got, only use people who get a better deal than you! (VERY important) The new “hip” thing is to get an allowance that’s equal to your age. I can vouch for that that, along with my behind-the-scene buddy, Michael, and all his pals, except for the ones who get way more than that. And when asking for a raise, shoot higher than you want, and slowly work your way down. But it’s always nice if you get more than you want, too! Act professional, as in I did a power point presentation after doing a lot of research. Plan out what you’re going to do with your money. My friend said he’d bank 7 dollars a week and save 5 for expenditures. Also, it’s good to make a contract, so that way you’re parents can’t get out of it. But the MOST important thing to remember… DON’T SHOW THIS TO YOUR PARENTS!!!
But remember, when talking about what other kids got, only use people who get a better deal than you! (VERY important) The new “hip” thing is to get an allowance that’s equal to your age. I can vouch for that that, along with my behind-the-scene buddy, Michael, and all his pals, except for the ones who get way more than that. And when asking for a raise, shoot higher than you want, and slowly work your way down. But it’s always nice if you get more than you want, too! Act professional, as in I did a power point presentation after doing a lot of research. Plan out what you’re going to do with your money. My friend said he’d bank 7 dollars a week and save 5 for expenditures. Also, it’s good to make a contract, so that way you’re parents can’t get out of it. But the MOST important thing to remember… DON’T SHOW THIS TO YOUR PARENTS!!!
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