Money!
David is now apparently all about money.
He's gotten quite into it, identifying all the various denominations of coins and bills, and he announced to me the other day that he's decided he wants a "money party" for his next birthday.
I'm not too sure what that means, exactly...he's pretty convinced that it means "everyone should give me money, so I can have a $100 bill!" (This is as high as he can count, so this is the most money he can possibly think of receiving.) He's unclear as to exactly what he would do with it, or how much that really is worth, or anything else. He's pretty much just entranced with the whole concept of money as a whole. And of having a job to earn money.
This isn't an easy thing for a parent to decide...how old should a kid be in order to receive an allowance? How much is a decent amount without going overboard, and how much is too little so that the kid won't care about it? Does the kid get an allowance simply be virture of being a kid, or for doing his chores? Does he then expect payment for the slightest thing, or refuse to pitch in and help unless there's a reward? Are you making him too money-driven? Is he expected to do chores in the house simply because he lives there and pitches in to help the family? What special chores can a five year-old reasonably be expected to perform?
I expect him on a regular basis to keep up with school, pick up his toys, clean his room, set the table, clear his own dirty dishes and sometimes do his own laundry. He often wants to do more, like gather up the cat dishes from the rest of the house for washing, to load parts of the dishwasher and start it, and anything having to do with cooking. I had him stem a bunch of grapes the other day, which really WAS a big help. Sometimes he stems mushrooms for me, but there's not much more I can think of for him to do. He's desperate to earn money, but I have no idea what he can do to earn cash. ??
I've seen some stuff on the web...Money Savvy Generation has a decent-looking kid fiscal program. They have a very cute, four-chambered piggy bank that not only gets kids thinking about saving and spending, but also donating and investing. Pretty lofty concepts for little kids, but they're supposed to use goal-setting and some stickers to help make it more concrete. Hmmm.
He's gotten quite into it, identifying all the various denominations of coins and bills, and he announced to me the other day that he's decided he wants a "money party" for his next birthday.
I'm not too sure what that means, exactly...he's pretty convinced that it means "everyone should give me money, so I can have a $100 bill!" (This is as high as he can count, so this is the most money he can possibly think of receiving.) He's unclear as to exactly what he would do with it, or how much that really is worth, or anything else. He's pretty much just entranced with the whole concept of money as a whole. And of having a job to earn money.
This isn't an easy thing for a parent to decide...how old should a kid be in order to receive an allowance? How much is a decent amount without going overboard, and how much is too little so that the kid won't care about it? Does the kid get an allowance simply be virture of being a kid, or for doing his chores? Does he then expect payment for the slightest thing, or refuse to pitch in and help unless there's a reward? Are you making him too money-driven? Is he expected to do chores in the house simply because he lives there and pitches in to help the family? What special chores can a five year-old reasonably be expected to perform?
I expect him on a regular basis to keep up with school, pick up his toys, clean his room, set the table, clear his own dirty dishes and sometimes do his own laundry. He often wants to do more, like gather up the cat dishes from the rest of the house for washing, to load parts of the dishwasher and start it, and anything having to do with cooking. I had him stem a bunch of grapes the other day, which really WAS a big help. Sometimes he stems mushrooms for me, but there's not much more I can think of for him to do. He's desperate to earn money, but I have no idea what he can do to earn cash. ??
I've seen some stuff on the web...Money Savvy Generation has a decent-looking kid fiscal program. They have a very cute, four-chambered piggy bank that not only gets kids thinking about saving and spending, but also donating and investing. Pretty lofty concepts for little kids, but they're supposed to use goal-setting and some stickers to help make it more concrete. Hmmm.
posted by Kelly at
11:24 PM
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