Also wanted to comment as to advice on the cash management. In high school, my parents gave us $20 each Sunday night for lunch money, but if we made our lunch ourselves, we got to keep the money to spend on movies or clothes or eating out with friends on the weekend. I think it was a good system – it helped me be responsible (making my lunch) and learn to budget (is it worth spending $5 on a movie ticket with friends on Friday night, or should I save it for shopping at the mall with my sister on Saturday?) and patience (I didn’t get the money until Sunday night, so I had to hold onto the cash all week to get to the fun stuff the next weekend.). I’m going to do this with our kids when they’re a little older – probably 8 or 9 – and start with only $10/week. But I’m going to incorporate two new rules: #1 they have to put 10% in savings and tithe 10%. They won’t miss $2 of their $10, but the concept of living on 80% will be ingrained at an early age. (I hope!)
NotJustAnotherJennifer recently posted..Happy 3rd Birthday, Baby R!

This.is.awesome. Thank you so much for putting this post together. We are on week 3 of the chore chart. I have a list that are non-negotiable ‘jobs you do because you are part of the family’ that must be done every day before they can play outside/have screentime/do something fun and another list for earning extra money.

We also started an allowance, but I’m not tying it to chores. I think I see the two (chores and allowances) as two separate opportunities to teach life skills. My girl is a bit materialistic, so money is an attractive incentive (she’s currently saving for another American Girl doll which, at $105, is going to take a LONG TIME). My boy would be much more on board with the experiences, so I need to think of a way to join the two.

I know I always say this, but you are seriously such a great mom. Your boys are lucky to have you!
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