When I was a kid chores were just part of everyday life. As far back as I can remember I was helping out around the house. Every week on Friday my mom would give me a couple bucks for my allowance. When I got older, into my teens, I earned a bit more. But looking back it wasn’t a substantial amount of money. My dad always said that chores and allowance were concepts responsible for teaching kids the art of working and getting paid, not working not getting paid. By design, this was to teach kids how to manage responsibilities, time, money, saving and spending. I remember being able to gather my money from my piggy bank and going with my parents to the store to buy the toy I had been saving for. When I’d get to the register with my toy in one hand, my allowance in the other, I felt so grown counting my money out and handing it to the cashier; I’ll never forget that feeling.
Nowadays, kids have it a little differently. Kids are getting paid by the chore, and some parents are paying them so much they’re earning a yearly salary. According to a national average in 2017, reports showed that kids 4 years old were making $3.76 a week, and kids 14 years old $12.26. So not only are kids earning much more money every week now they’re pairing it with technology.
Now there’s an app for that…
BusyKid is an app that has grown in popularity since last year. The app suggests age-appropriate chores and then tracks when the chores are completed. The earnings are certainly customizable, and parents are able to determine how much weekly allowance is actually paid out. Each chore has a suggested earning amount, and on Friday’s it’s considered “payday” for the kids. When parents register for the app they attach their banks to the subscription and every Friday funds are transferred from the parents’ bank account to a trusted FDIC-insured bank account where the allowance is hosted. Parents are able to separate their child’s earning into three categories: save, share and spend. Once they’re ready to spend their allowance they either request cash or they can purchase a gift card from the apps partners (200 plus retailer options available).
So, instead of using a chore board or some kind of physical daily reminder, and passing cash each week, the digital era has stepped up and migrated our attention over to technology. BusyKid is just one of many apps that are now available to help us manage this task. I guess for me, I’m old school. I like to communicate with my kids outside of technology, and I like the idea of including traditional mathematics into the task.
What about you? How do you feel about the digital era taking over one more area of our lives?
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