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How much of an allowance should a 13 year old get?

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How much of an allowance should a 13 year old get?

Old 08-20-06, 07:55 PM
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How much of an allowance should a 13 year old get?

My fiancee and I are getting guardianship of her 13 year old cousin, and I have no idea what kids are getting for an allowance anymore. Is $10 a week too much/too little/just right?
Old 08-20-06, 08:00 PM
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5-10 a week should be fine as long he does his chores.
Old 08-20-06, 08:13 PM
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I have no clue, but I am interested in knowing what people say. I never got even 1/2 of what my friends got
Old 08-20-06, 08:24 PM
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All I know is that when I was 13, I did chores for my grandma and she paid me like $10/hour.
Old 08-20-06, 08:32 PM
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what does a 13 year old need cash for?
Old 08-20-06, 08:34 PM
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Originally Posted by atari2600
what does a 13 year old need cash for?
Old 08-20-06, 08:45 PM
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Originally Posted by Ranger
5-10 a week should be fine as long he does his chores.
I'd say $10. My 10 year old is getting $5 a week now and I think that's about right. At 13 (with more responsibilities -- i.e. chores) he should probably get more.
Old 08-20-06, 08:47 PM
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Mine was $30 a week, but I pretty much did all the cleaning, laundry, made all my food, etc. My mother and her boyfriend both worked 80+ hour weeks, so there was really no time for them to do much at home.

I did receive the occassional perks of NES, S-NES, etc., as well. That wasn't factored into the $30 a week.

My Grandmother offered me $25 a week at one point as long as I promised to eat mostly healthy and not chew gum (she was bothered by the chewing of gum). This was after she had her first stroke. The was the same year I received some tongs and a convection oven for my 14th Christmas. The glass on the oven shattered while making egg rolls.

Last edited by AllHallowsEve; 08-20-06 at 08:50 PM.
Old 08-20-06, 08:48 PM
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Originally Posted by atari2600
what does a 13 year old need cash for?
To start teaching them financial responsibility at a young age. Hopefully, they'll learn how to budget and save if they want video games, an ipod, cds, dvds, etc.

As for an appropriate amount for a 13 year old, I'd say that's dependent on the circumstances. Is he/she doing a whole bunch of chores to earn it or is it just a freebie? Do you live somewhere that the kid's allowed to go out and about to the movies, mall, etc. or are they pretty much stuck at home except for special occasions? I'd probably say an appropriate amount could range anywhere from $5 to $30 a week. When I was a kid, my parents gave me a flat $5 a week, with the ability to earn more by doing chores for them around the house.
Old 08-20-06, 10:07 PM
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Originally Posted by maxfisher
...When I was a kid, my parents gave me a flat $5 a week, with the ability to earn more by doing chores for them around the house.

That's the same situation I had too. I don't remember exactly how much it was, but it was a flat amount per week that I got as long as i wasn't in trouble. I could earn more by doing extra chores and odd jobs and such, which I never did because my mom was a cheapskate.
Old 08-20-06, 10:17 PM
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Before or after taxes?
Old 08-20-06, 10:24 PM
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I'm betting the kid will want the lump sum.
Old 08-20-06, 11:37 PM
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I got 5 a week, when I Was younger. Then again, if I Was going out to some event such as the arcade or out with friends and their parents, I Would get some extra for the day.
Old 08-20-06, 11:54 PM
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$10 a week? Thats only like 2 packs of cigarettes!
Old 08-21-06, 12:06 AM
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I never really got an allowance. My parents just gave me money when I wanted to go to the movies or something with friends. I didn't abuse the system and it worked out fine.

I had a friend who got his allowance for the year at one time. So his parents gave him like $500-600 or something like that and he had to manage it for the whole year. On "payday" we used to go buy ourselves a birthday party at the arcade - we'd each get a ton of tokens and stay there the whole day. I remember he also bought Strider for the Sega Genesis for $85 at the local game store. But that kind of stuff aside, he DID actually manage his money for a year. It was an interesting system.
Old 08-21-06, 01:00 AM
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The only thing you may want to consider is inflation. Sure you were getting $10 a week when you were a kid, but how much did a candybar cost, or how much did it cost to go to the movies. You may want to consider that when deciding how much to give the kid.
Old 08-21-06, 01:08 AM
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Originally Posted by M2theAX
I got 5 a week, when I Was younger. Then again, if I Was going out to some event such as the arcade or out with friends and their parents, I Would get some extra for the day.
I find it interesting that after 3/4 of your "I"'s, you capitalized the next "W".

I would think $10 a week would be enough, if they were doing chores. I got far less than that, and it worked out fine for me. When I hit 14, I started mowing lawns, and my parents seemed to forget about the allowance.
Old 08-21-06, 07:23 AM
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when i was 13.. i got $20 a week.. and even I knew i was being overpaid
of course.. I did alot of work around the house.. I always took care of mowing the lawn, cleaning the poll, etc...
My sister was 16, and she was getting $20 per week, so she would have gas money and money to go out with her friends...
I guess my parents decided that since she was getting that much for basically doing nothing around the house, I should get that much for all my work
Old 08-21-06, 07:35 AM
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I'd say $15-$25/wk, with a requirement that he put away atleast $5-$10/wk in a checking/savings account. It is important to teach financial responsibility. Most kids (and people) don't really understand how a consistant contribution of money over an extended period of time can really add up. You can give him the option of spending part of that money, but to be honest....you might want to require he save it and then after a few years he'll have a decent amount piece of change to help pay for a car/insurance.

My parents did something similar for me (I didn't use it for a car, but to fund other stuff like skiing, etc) and it was really helpful. Back then I had a "passport" book. Now there are things like ING Direct that have crazy good interest rates that can add up!

-p
Old 08-21-06, 07:42 AM
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Originally Posted by maxfisher
To start teaching them financial responsibility at a young age. Hopefully, they'll learn how to budget and save if they want video games, an ipod, cds, dvds, etc.

Agreed. But if you really wanna teach them about that then don't forget to TAX him heavily. Pay him $10 a week, tax him $4 or $5 and let him "take home" $5 or $6.

and if you REALLY wanna teach him about life, take the tax money collected and spend it on your neighbor's kid.
Old 08-21-06, 07:48 AM
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Originally Posted by mndtrp
I find it interesting that after 3/4 of your "I"'s, you capitalized the next "W".
I liKe to mix iT up a litTle, you never know when a Cap will just poP up, or not be there...
Old 08-21-06, 08:01 AM
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Originally Posted by twikoff
when i was 13.. i got $20 a week.. and even I knew i was being overpaid
of course.. I did alot of work around the house.. I always took care of mowing the lawn, cleaning the poll, etc...
What does it not surprise me that twikoff was dealing with polls at such a young age.
Old 08-21-06, 08:30 AM
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My 13-year-old gets $5/week.
Old 08-21-06, 09:18 AM
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13? No allowance, teenagers should be paid for work done. Minimum wage sounds about right, with penalties for lazy "I didn't feel like doing my chores last night" incidents.
Old 08-21-06, 09:29 AM
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Five cents a month. That's what I got when I was his age, and from that amount I was required to pay for all school supplies, lunches, medical expenses and incidentals. I'm telling you, young people today just don't understand the value of a dollar.

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