Chore Charts and Homeschooling
I was looking at our homeschool “plan” for this week and saw INTRO TO MONEY among the list, along with CARING FOR PLANTS and a few other random things I’d like Lorelei to learn about. And, as I brainstormed on how I would approach these subjects this week, I had an idea:
Excuse the chore chart. I didn’t have the chores pre planned out, so I didn’t realize I’d have time-specific type chores that should go in order. We’ll probably be re-doing the chart later.
HOWEVER, the little graphics have been super helpful.
Every chore on the chart has a color beside it, which corresponds to a pom-pom. The pom-poms begin the day in a small empty baby food jar. As she completes a chore, she gets to move one pom pom from the jar to the “completed” jar (which is just another baby food jar but with a butterfly sticker in the bottom).
Once she completes all chores for the day, she gets an “allowance.”
All of her allowance is then put into her money “jars” – which is a set of three jars that I color coded with ribbons for the following : SAVING (10 percent), GIVING (10 percent), and SPENDING (80 percent).
Right now, we started at $1 a day. Because we can but ALSO because:
- $1 is easiest to explain the 10,10,80 rule we’ve implemented. It’s simply 10 cents, 10 cents, 80 cents.
- Her “savings” (for now) is going to a fund she can’t touch until she’s older. Think of it as her college fund. Or, her car fund. Or, whatever. I don’t particularly like the idea of paying for my kids way to college or buying them brand new cars as soon as they get their drivers licenses, but I also don’t believe in pushing them out of the nest completely on their own. I do believe in teaching them responsibility and giving them the tools so they don’t take it for granted.
- $1 is a LOT of money for a preschooler. I agree. Especially when they’re getting it daily for chores, BUT she is going to be using some of her money for necessary things…like special snacks and new clothes she wants. Essentially, we’re giving her the money that we’d normally spend on her in one way or another and letting her have more responsibility (although it will be very monitored and guided). For example, she has already told me that she plans to spend her first bit of money on a storage tote. Yes, a storage tote for her extra toys that are over-crowding her room. Oh, and shoes. Pink shoes.
- This $1 won’t necessarily change, up or down, depending on her age. She’ll get more responsibility as she gets older but the amount will change as we see fit (if it does at all).
- It’s not all about the money. It’s about responsibilities. It’s about teaching about money and how to use it as a tool (rather than let it become a thorn in your side). It’s about teaching skills in the form of “chores.” It’s about letting her be more independent and helping her feel important. It’s about showing her that being part of a family means we all take part in doing things…even if it’s just watering the plants. It’s all important.
So, there you go. Our Pre-schooler’s chore chart –which she is super excited about.