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What are your thoughts on this?

My son, who is six years old, has a list of chores that he can do throughout the week. Each task accomplished earns him a certain amount of money, or allowance. At the end of the week, on Friday, the money he has earned goes onto a prepaid Visa card, which he uses to buy games, music, or whatever on his Xbox or tablet. He gets paid, which he loves, and he has a payday. He loves this. He can spend it, or he can save it. What do you think about it?
Ladywiththepants · 31-35, F
sounds good, but damn kids get video games and tablets earlier and earlier. Does he have a phone too?
ScarletWitch · 31-35, F
XD
Jonathan937 · 36-40, M
@Ladywiththepants He doesn't have a phone. He only uses the tablet to play games and watch YouTube.
SW-User
I think six is too young for that kind of thing..
ScarletWitch · 31-35, F
Kinda true... Im so-so on it.
Fernie · F
@SW-User six is galaxies away from the six you and I were...it's more like 12 now
ScarletWitch · 31-35, F
Dammmmmmmmn
Fernie · F
you're teaching him great work ethics and respect for money...so many kids don't learn those things these days...esp the work ethics.
katielass · F
I applaud you for teaching him that money does not grow on trees, one must work for it.
ScarletWitch · 31-35, F
Good. But i think he should also have a lil piggy bank.
Jonathan937 · 36-40, M
@ScarletWitch That's a great idea.
I think it's a great way to teach him responsibility and independency
Good idea. Does he know how to keep track of how much he spends and how much is left on the card?

I make my kids save 20% of all money earned. They don't much like it. I figure better for them to make a habit of it now, than a hard lesson later. Plus, I think it will give them a better start for when they are on their own.
Jonathan937 · 36-40, M
@midnightrose Yes, we have a chart with earnings and transactions on it. It's like a giant bank statement.
Starcrossed · 41-45, F
I think 6 is too young for this kin of reward system. They can barely wrap their heads around money as it is, to conceptualize it digitally vs having tactile notes and coinage they can count can be a difficult skill for them.

There something to be said for nurturing intrinsic motivation to keep one's home and person well kept. Do you as an adult get paid to do those tasks? Most of us don't. Do you want your kid expecting a pay off into their older teens every time they chip in around the house ... or would you prefer when it comes time to clean dishes or the floor or their clothes - that they just do it along with every other member of the household?
Casheyane · 31-35, F
I think it's a great way to teach him how to be responsible. :) But of course, you need to remind him that there are things that shouldn't require payment.

I read something like this somewhere. What the mom did was to put a list of her own under the son's bed. It goes something like: taking care of you when you're sick - 0.00, preparing your breakfast - 0.00, showering you with love - 0.00

I think in the story's case it's cute because the kid was being too much. But if you can see that your son is becoming someone better because of the strategy, I'd say keep it up and just remind him that some things shouldn't require payment. It all depends on the kids. They're all different you see.
ScrewThisImDone · 26-30, F
Sounds fine to me, it's a lot more than some parents do with their kids.
persononinternet · 26-30, M
Sounds fine to me, we did something similar when I was young.
SW-User
great. prepares him for the working.
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Jonathan937 · 36-40, M
@Stereoguy I place all the orders, and I have to approve them. He doesn't run wild with a credit card.
Fernie · F
@Jonathan937 Because you are a good and smart DAD!!!
MethDozer · M
I think you need to make him pay for his own consumables and tools for each chore.
MethDozer · M
@Fernie I didn't say charge him room and board.
Fernie · F
@MethDozer he does what is expected of him...why add more responsibility now?
MethDozer · M
@Fernie Why not?

 
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