To use chores as part of the weekly or monthly allowance. Children feel independent, and they get the opportunity to practice making financial decisions. For example, is the time I spend on the task worth the reward I get?
Almost all families expect their children to help out around the home. Some children are given tasks that they are responsible for every day or week, and some do them when they are asked.
In any case, it is positive to use chores as part of the weekly or monthly allowance. Children feel independent, and they get the opportunity to practice making financial decisions. For example, is the time I spend on the task worth the reward I get? This is an important lesson that will help them in their careers as adults.
The Gimi app presents chores and rewards in a simple and fun way. Children usually like doing chores, but they need a way to keep track of the chores so they can feel independent. Of course, this is related to the development of financial literacy and extra money as motivation.
Children of all ages can do chores. Younger children can also help if you choose simpler chores appropriate for their age. A chore that is too difficult can be frustrating for children, and in some cases dangerous, and one that is too easy is perceived as boring, which usually leads to the child not doing it at all. Give simpler chores to younger children, such as taking care of and putting away their toys. Make the task more difficult and add responsibility as they get older.
It is also important to come up with chores that mean that your child takes care of the whole family. A simple task is to set and clear the table. Your child will probably feel like a responsible and important family member.
Here are examples of tasks for children of different ages.
Chores for younger children (5-8 years)
Chores for school-aged children (9-12)
Chores for teenagers
Coming up with chores that teenagers want to do is a little trickier. Cleaning together with the family is not as fun anymore, but don’t give up! Your teen may appreciate the experience more than you think.
Here are examples of chores for teenagers:
When a chore is rewarded, you show that it is OK not to do the chore because then the child does not get a reward. When you explain what a reward is, don’t forget to explain that your child chooses whether they do the chore or not. They get the opportunity to earn more money, or not to earn any money. It’s as obvious as getting wet if you play in the rain without a rain jacket. Giving your children weekly money as a reward for chores can motivate them, but you should also communicate that there are other reasons for doing certain chores.
Money as a reward is very motivating. You can also consider the rewards below to motivate your children:
Get started with rewards with the Gimi app, a great way for your kids to become money smart and develop a positive money behaviour! We often hear families that have started with a pen and paper-scheme, but after a while realised that the manual work was too cumbersome.
Gimi AB is a registered payment service provider for account information services with the Swedish Financial Supervisory Authority, and is under its supervision.