Optional Paid Jobs for Happy Workers by Amber Peacock

Amber Peacock wrote the article “Solving the Allowance Dilemma” in our October issue. You’ll have to pick up a print issue to see what she said there; but here, she writes about getting kids to do her household chores!

When I'm cleaning windows...
source: horrigans

I’ve got a secret. I rarely do the dishes, never vacuum, and have not cleaned the upstairs bathroom in years. My children do it—willingly and without being asked!

It started with a simple chart, “Optional Paid Jobs for Happy Workers.” I wanted to instill a healthy work ethic, encourage responsibility, and teach my children how to earn and manage money. I also wanted more help around the house. I made a list of specific household chores that I had been doing, but that I would be willing to pay the children to do. Signing up for a paid job was entirely optional, so I made sure not to list chores that I expected the children to do on their own, such as picking up their toys and putting their dirty clothes in the hamper.

Tips for Success

  1. Start small with jobs you know your children can handle.
  2. Invest time in on-the-job training. It’s amazing what kids can accomplish with specific instruction.
  3. Stay positive. These jobs are optional, so there’s no need to nag. Children will buy into the system when they need money for something important to them.
  4. Start fresh each week. Pay weekly and let your children choose new jobs for the week ahead.
  5. Talk about money management strategies with your child—giving, saving, and planned spending.

Do your kids help with chores around the house? Paid or unpaid?

Amber Peacock, M.S., M.Ed, developed an “Optional Paid Jobs for Happy Workers” chart as an experiment five years ago when her children were 5, 8, and 10. She’s tweaked the job list and pay scale over time, but the system is the same. Her kids love getting to choose their own chores and having control over how much money they earn each week. She loves having help around the house, but says the best part is that her children never ask for money. They’ve learned how to earn and manage their own.

January Giveaway

It’s hard to believe that a brand new year is upon us! With a new year often comes new goals! Do you have any New Year’s resolutions? I am confident that finance-related goals are at the top of many of your lists.

Bad money management habits are hard to change, so the key is to start teaching your children healthy money management skills early. Our January blog giveaway just might be the service you need to help your child! This month we are giving away one 1-year subscription to ThreeJars.com.

ThreeJarsLogo.png

ThreeJars.com is an innovative modern allowance system that lets kids earn, track, and use their own money online. With this online service, you set an allowance limit for your child and decide how his allowance will be divvied-up between Save, Spend, and Share jars. Your child manages his own account, but your approval is required for all financial decisions.

  • Save — Your child can boost his savings by earning interest from you, encouraging the savings habit.
  • Spend — He can spend his money by requesting cash or gift cards.
  • Share — He can share money too, by making donations to charities of your choice on or off the ThreeJars.com site. (Don’t forget to teach the importance of tithing using the "Share" jar.)

Stop by ThreeJars.com for more details about how this allowance system works.

Everyone* who posts a comment on our blog during the month of January will be entered to win one 1-year subscription to ThreeJars.com

*LifeWay employees are not eligible for this giveaway. Multiple comments do not increase chances of winning.

Does your child get an allowance? How are you teaching your child about money management?