When it comes to allowance, there’s often a mix of perspectives among parents on what they think is the best system for their kids. Some may have expected weekly allowances, while others prefer to give an allowance based on performance and accomplishments. Yet others are against the idea of financial rewards all together and like to use something other than cash to reward their kids.
That said, having an allowance system—whether you use cash or not—is a great opportunity for kids to get some hands on experience when it comes to earning, saving and spending at a young age.
Whether you’re on board with a weekly cash allowance or are looking to shake things up at home, you can find some inspiration for allowance alternatives with these fun printables designed by CreditRepair. There’s something for everyone—whether you agree with financial rewards or otherwise, the printables feature both paid and unpaid allowance ideas so you can find what best suits your child and family.
Budget Management Printable (click the image to download the pdf printable-friendly option):
Rewards Chart (click the image to download the pdf printable-friendly option):
Goal Tracker (click the image to download the pdf printable-friendly option):
Rewards Printable (click the image to download the pdf printable-friendly option):
Whatever you choose, introducing financial concepts early on can set your kids up for a more successful future down the line. By increasing their confidence and understanding of money using real-world examples at home, you can stimulate a higher level of financial literacy in your children for years to come. Just don’t forget to make it fun!
Happy Tuesday!
Disclaimer: this post was written in partnership with Siege Media and CreditRepair. Printables and images (except for the first one at the top of the post) were supplied by them and as such are not owned by me.
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