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All About Allowance

Allowance. It can be a touchy subject. How much do you ask for? How do you spend it? And most importantly, how do you save it?


How Much Allowance You Deserve

Allowance is something you have to earn, usually by doing chores. Most kids have weekly chores, whether it’s taking out the trash, washing dishes, mowing the lawn, looking after their little siblings, etc. You and your parents should agree on a set rate for each or all of the chores you do. Here’s a guide to help you.


List of Chores and How Much You Can Earn

  • Washing a car - $5.00
  • Walking the dog - $2.00
  • Shoveling the snow of the driveway - $8.00
  • Raking leaves - $5.00
  • Mowing the lawn - $3.00
  • Vacuuming - $3.00
  • Washing Dishes - $2.00
  • Laundry - $3.00
  • Taking out the trash - $1.00
  • Reorganizing a cupboard - $3.00
  • Cleaning the bathroom - $5.00
  • Cooking Dinner - $3.00

How To Spend Your Allowance

Nowadays, $10-$20 a week doesn’t buy you much. But if you spend wisely, you can make it stretch. Instead of buying lunch at your school cafeteria, bring your own. Or if you have to buy lunch, choose the healthy, protein-rich dish that will keep you full. That way you can avoid buying extra snacks from the vending machine, which will save you money and keep your body healthy. And don’t go crazy with those iTunes songs! Just buy the ones you really need, not the whole CD. $1.25 each can add up really fast!

How to Save Your Allowance

Out of sight, out of mind. If you really want to save money, you need to keep it hidden. Either open a savings bank account, or use a box or piggy bank. Here’s a tidbit: If you saved $5 every week, you’d have an extra $260 dollars at the end of the year! After 5 years, that’s $1300! Just think of the possibilities!


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What Do You Save Your Allowance For?

  • A big day out with your pals.
  • Video games and computer stuff.
  • Clothes, clothes and more clothes.
  • CDs or posters of my fave musicians.

Random In The Forums

Abbergrl
Abbergrl posted in General:
Because sometimes we have nothing to do and we get bored. We get so bored that we become afraid of dying of boredum. So, we just close our eyes and go to sleep :D Why do we use lights?
reply 23 minutes
LILDUA
LILDUA posted in General:
table? Well it is used as snacks XD.. when watching movie must eat this.. XD y we sleep?
reply 31 minutes
Abbergrl
Abbergrl posted in General:
Because unfortunately the humans now have very weak memories and they can forget what happened to them yesterday also. So if they take selfies they will remember what happened by looking at them. Sometimes they can forget how they look so selfies help them remember. :D What is a table?
reply 37 minutes
LILDUA
LILDUA posted in General:
because in ancient period men painted sky as blue and after 1 billion years it will become hot pink.. XD why we take selfies?
reply about 1 hour
priya098
priya098 posted in General:
Its a cream u useto get rid of pimplesWhy is the sky blue?
reply about 1 hour