A kid should get at least 10 dollars a week if his/her parent works on a gas station
Your parents give it to you.
If a teenager's parents will not allow him to have a job, he should ask for a weekly allowance. If they will not give him an allowance, he could try to do chores and odd jobs for friends and neighbors to earn some spending money. If there is a specific reason that the parents will not allow him to have a job, such as poor grades or bad behavior, he should concentrate on changing those things and set up a deal with his parents on how much improvement he needs to make before being allowed either a job or an allowance.
Probably to show them that they think the teenager is mature enough to have an allowance.
It depends entirely on your personal finances. There is no requirement to give them any allowance.
Propose to do some things around the house in exchange.
As much as their parents give them for allowance!!
You can study and read science books so that when you have a test you will know it, you make a deal with your parents that if you study everyday 30 minutes in science they will double your allowance and if you don't have a allowance have them give you one. If you study at least 30 more minutes they should triple your allowance
give them a weekly allowance. start with a weekly one, and slowly increase until its monthly (increase the amount of allowance as well). That way, they'll slowly learn to manage their money for longer amounts of time. Make sure you don't give them more money if they beg or they wont be learning how to budget very well
Many parents will do this instead of giving pocket money. This is a rewarding way of teaching the children that they must help out in the family. Life skills in living, that will be needed later when they leave home.
If you are a parent, one of the biggest responsibilities you have is teaching your kids about money. For many kids, their first exposure to money is their allowance. This has always been a tricky topic. There is no universal amount for an allowance. Every parent does something different. Regardless of how much money you give your kids for an allowance, you want to make sure you teach them about money. This means you can't just blindly give them money. Here are a few tips for starting an allowance program with your kids. The first thing you should do before giving your kids an allowance is discuss it with them. Like any other serious life talk, sit your child down and explain to them how an allowance works. You should state what you expect out of them, including any rules that may lead to a revocation of an allowance. You should also tell them how much of a responsibility it is. Most kids will appreciate your respectful approach. This discussion is an important part of teaching your kids about money. Another thing you should do is separate allowances from chores. Chores should be approached as something kids do as part of the family. Allowance shouldn't be pay for a job children should do. That's not say you shouldn't reward kids for major chores. However, an allowance should be more of an instructional tool than a reward for doing work. An important part of giving your child an allowance is teaching them how to save money. Before you give them their first allowance, open a savings account with them. Teach them how important it is save money and keep track of what you spend. If there is a toy your child wants, tell them that the best way to get it is to save their allowances. As a last tip, don't be afraid to let your child fail. You shouldn't jump in and make them save their money or deposit it for them. On the same token, don't give them any extra allowance. If your child blows their allowance quickly, that is good opportunity for a lesson. Hopefully, they will be more responsible when they get their next allowance.
Parents like to instill some form of responsibility. Also, most parents like to introduce the concept of "saving" money. An allowance is usually more of a contract between parent and child, not necessarily a bargaining chip.
Yes, because adults should give kids allowance to see if the kids are responcible, it worked for me