The Good (and Bad) Side of Putting Your Kids on Commission


The Small Investor

Rather than paying our children an allowance or just giving them money when they need to buy things, we decided to put them on a commission system (OK, I decided and my wife went along with it).  The way it works is as follows:

There is a list of jobs that they can do, each of which has a fair commission attached to it.  In the beginning the list included things like putting a new bag in the trash can for $.25 or putting the silverware away from the dishwasher for $1.00.  As they’ve gotten older we’ve added things like putting all of the dishes away for $3.00, helping with yard work ($3.00 for 15 minutes of work – efficiency must be approved before payment), and sweeping the floors ($5 for sweeping, $5 for mopping).

Note that the wages are what an adult would get to do the same amount of work –…

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