My family and I have been enjoying one last hurrah in Nevada, soaking up as much summer sun as possible. Don't worry, a vlog of the trip is coming someday! I wanted to pop in quickly and share with you my YouTube video this week (I post new videos every Thursday if my carrier pigeon missed your house). Bubba and I sat down to answer all your questions about KIDS, and how much to sped on them! We have loads of fun in the video, but we also hit it hard!
We not only talk about how we were raised and how we got spending money growing up, but talk about how much we pay our kids, are thoughts on allowance, how much we spend on clothes, setting money aside for college and church missions, and more. It. Is. GOOD.
Watch the video online or click and watch below then keep reading for more helpful tips and links:
So what that's our take, what are your thoughts? Were you raised the same way?
As mentioned in the video, here are helpful links mentioned in this video:
The 7 bank accounts your family should have…UPDATED!
How much to spend on back to school shopping!
How to become a Yard Sale Ninja
Jungle Jumparoo get 10% off with code FUNCHEAP10
To watch my other Q&A videos click HERE !
For additional budgeting help check out my Secret Sauce online budgeting program, Budget Boot Camp! Super fun video program that makes money easy to understand. All you need is a screen and you're set!
And don't forget, if you don't save at LEAST what you paid for the program, I'll refund every dime. You've got nothing to lose! Use the code FCFBLOG to get an extra 10% off, because I love you 😉
There you go! Hope that helps! I'm curious, what are your thoughts on allowance and spending?
Your jumparoo link doesn’t work, it takes you to a weird referral program.
Where can I get a template for the list of chores? I love your ideas. I sat my husband and had him watch your video so we can come up with so.ething for my 6 year old. I grew up with an allowance but I also had a list of chores to do to earn my allowance weekly, as I got into high school my mom gave me an allowance for food and fun in all and i had to budget myself. Love your videos, thanks for all the info.
I think your reward system is great along with kids partipating in the family life. (Aka jobs/chores). Here is my question on jobs how much do you help them do the jobs. My 4 year old wants me around to tell her how the whole time. Honestly it is wearing me out.
What type of divided saving bank did you get for your kids? I searched on Amazon, but didn’t really find anything I liked. Would love to know what you use.
At what point do you stop giving allowance?
Do you have a downloadable version on your chore chart?
Not yet but we are working on it!
What do you do for extra curriculars for your children? My kids want to do so much and I do want them to be involved in things, but those monthly fee’s hurt. Do you do one per child (like one can do dance or soccer but not two) or do you let them do two or more?
Quick question, What is the best percentage to tip services?
I live in rural small town America. I tip 10% to salon and restaurants. When I go to the big city; suddenly it’s frowned upon to split one meal or not order from kids menu and fury be leashed on you if you don’t tip at least 20%! What?!?! We never eat fast food and love the mom&pop restaurants. But now I’m at a lost what is right. Help!
I usually do between 10-15% for salons and such, and 20% at restaurants. It’s rough!
Ooh I missed this post! Definitely need to catch up!
love these tips! as our kiddos change phases & grow, so do our systems & we lose consistency – we’re working on it!
You are the most transparent blogger I know and I really dig that! Keep it up.
Great ideas on how to help purchase items for your children. I love the idea that you use with having extra chores… I am also a firm believer you just can’t hand your children of everything they want. They need to know the value of a dollar and that things have to be earned in life!
Love how open and honest you are.
I only have one, and she’s a baby! But this is so good!
LOVE these ideas! Thank you!
Love any great ideas for kids. I know you’re not there yet, but teenagers and making them responsible adults. Urgh!! It’s a hard one.
This was super helpful!
I give my kids an allowance to help them learn about tithing, saving, and spending. When they get a job, I figure they don’t need an allowance anymore ?.
I love these ideas! I have been using your rule if thimb for allowance for my 6 and 4 year old. My 6 year old recently bought her own bike, after saving her allowance for 6 months. Such a great teaching tool!
Such great information! Hoping to get our finances together in order to be able to afford more for my children as they get older. We are just now starting ‘college funds’ ages 1&2.
Such great content. I am excited to implement your methods!!
I love how you guys always just call it like it is! Seriously refreshing.
Great Ideas! Thanks for sharing!
Talking about what we spend on things etc is taboo, I love knowing what others do to help set realistic spending!
I’ve read this one several time. Kids and allowance is a hard one for me