Works for Me Chore Chart

September 10, 2008

We started an allowance (or as we call it, a “commission”) at the beginning of the school year. I made a picture chore chart for Jonah, and he earns his commission of $2.50 each week. The top chores or “family jobs” are things that he does for no money. These are things that are just part being a member of the family:

  1. make bed

  2. brush teeth (arguably not a chore, I know, but it is a struggle in our house, so we decided to add it for now)
  3. feed dogs

These things are bare minimum. If he doesn’t do them every day, he does not earn his commission. But if he does only these things, he also does not get a commission. The logic here is that there are plenty of things that Chris and I do around the house without getting paid, and J needs to contribute as well.

Then there are the “commission jobs:”

  1. putting clean silverware away

  2. wiping countertops
  3. cleaning playroom (again, this is arguably a family job, but we decided it was a big enough task to earn $)

J gets checks for each time he does one of these commission jobs, and if he has reached 10 check marks- in addition to a daily mark for his family jobs- by Friday, he earns his commission.

Dave Ramsey recommends half of their age as an appropriate amount for their allowance, so we went with that. Plus, it makes the 10% increments easy. When he receives $2.50, a quarter goes in his tithe envelope, a quarter goes in his save jar, and $2 goes in his wallet. It has been interesting to find things that he can purchase with less than $2, but it is a good lesson in the value of $ as well. Also, we found out that you can purchase Happy Meal toys without the meal for $1.17. It’s the little things.

This is my Works for Me Wednesday tip, so head on over to Rocks In My Dryer for more helpful tips.

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Credit Cards are evil!!!

December 15, 2007

The other day, Jonah was pointing his train tracks like a gun at baby Jaxon. Since I have caved on the whole gun thing, because the child makes EVERYTHING into a gun, I at least decided to be firm (as my tongue is planted firmly in my cheek) and not allow him to point guns at people. That is what any good mom would do, right? Anywho, I told him not to point the gun at Jaxon, and that he needed to find something pretend to shoot. His quick reply was, “I KNOW; I CAN GO FIGHT THE CREDIT CARDS !!!!!!!

We apparantly have a little Dave Ramsey training camp going on in our house.

I finally did it!!!!!!!

November 9, 2007

Can I just tell you how difficult it is to pull a surprise over on my husband, the auditor? I have never been able to surprise him with anything because he is “snoopy.” I don’t blame him-he can’t help it. It is in the fiber of his being to know all things financial that go on within his company, and that transfers to our home as well.

But, I finally did it last night. I ordered him Dave Ramsey Live tickets, and he had no clue until he got home from work yesterday. It was really just pure dumb luck that he didn’t check the charge on the debit card- he was just busy enough to miss it. Yippee for me!!!! He really enjoyed it, and he is parading around in his “I See Debt People” t-shirt today (yes, Andrea, he is working from home again today). 🙂

Dave was very funny and quotable, so here are some of my favorites:

  • “Wisdom is knowledge applied.”
  • On diversification: “Money is like manure- left in one pile, it really stinks; but, spread it out and it grows stuff.”
  • On budgeting: “A budget is telling your money where to go instead of getting to the end of the month and wondering where it went.” John Maxwell
  • On giving (and having the wealth to give by freeing up debt): “No one would remember the Good Samaritan if he didn’t have money.” Margaret Thatcher