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	<title>Grow Your Golden Goose &#187; Pocket Money</title>
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	<link>http://goldengoo.se</link>
	<description>Learning and teaching personal finance for you and your kids</description>
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		<title>A billion dollars in pocket money and no chores?</title>
		<link>http://goldengoo.se/pocket-money/philosophy/a-billion-dollars-pocket-money-no-chores/</link>
		<comments>http://goldengoo.se/pocket-money/philosophy/a-billion-dollars-pocket-money-no-chores/#comments</comments>
		<pubDate>Fri, 27 Nov 2009 02:08:33 +0000</pubDate>
		<dc:creator>matthew</dc:creator>
				<category><![CDATA[Philosophy]]></category>
		<category><![CDATA[chores]]></category>
		<category><![CDATA[earning]]></category>
		<category><![CDATA[Pocket Money]]></category>

		<guid isPermaLink="false">http://goldengoo.se/?p=48</guid>
		<description><![CDATA[Last week&#8217;s papers carried a story that estimated Australian children are being paid one billion dollars in pocket money (allowance) each year &#8211; and they have to do very little to get it. Kids clean up in a billion-dollar industry [SMH]: AUSTRALIAN parents are spending more than $1 billion on pocket money a year but [...]]]></description>
			<content:encoded><![CDATA[<p>Last week&#8217;s papers carried a story that estimated Australian children are being paid one billion dollars in pocket money (allowance) each year &#8211; and they have to do very little to get it.</p>
<blockquote><p><a href="http://ow.ly/EoIE">Kids clean up in a billion-dollar industry</a> [SMH]: AUSTRALIAN parents are spending more than $1 billion on pocket money a year but children are expected to do far less around the house in return &#8230; experts say [chores] are important in developing life skills</p></blockquote>
<p>This story illustrates the problems when parents don&#8217;t consider <a href="http://goldengoo.se/pocket-money/philosophy/my-rambling-thoughts-article-about-the-philosphy-of-pocket-money/">the philosophy of pocket money</a>. Take the time to think and discuss your own philosophy to handing over the cash.<br />
<span id="more-48"></span><br />
Curiously in the week following that article, I had two encounters with my son to do with performing housework. The first was early in the week &#8211; after a couple of loads of laundry had been done, the clean clothes were piling up on the lounge-room&#8217;s couch. Awaiting sorting and packing away by the owners. A few tense words of suggestion were aimed at Mr 12, encouraging him to do his part. The reply? A great big sigh. Fairly typical of a proto-teenager perhaps, but it didn&#8217;t go down very well as you can imagine!</p>
<p><a href="http://www.flickr.com/photos/fotoosvanrobin/3092788375/"><img class="alignleft size-full wp-image-60" style="margin: 3px 7px;" title="FriedRice" src="http://goldengoo.se/wp/wp-content/uploads/2009/11/FriedRice.jpg" alt="FriedRice" width="180" height="240" /></a>The second was a far more positive interaction. Later in the week my wife was due out at band practice, but had lost track of the time. As I arrived home, she was heading out the door having put some rice on to cook for dinner. Here&#8217;s where the fun begins : I took this as a chance to get the kids helping out in the kitchen. Quickly enough we began to pull ingredients out to see what we could make. Directing traffic, I involved both Mr 12 and Miss 9 in washing, peeling, chopping and preparing bits and pieces. The whole operation took around 20 minutes, producing an acceptable fried rice dish with bacon, chilli chipolatas, snow peas, corn, carrots and so on.</p>
<p>What really made my night was, after dinner, Mr 12 spontaneously said &#8220;that was really fun, when we were cooking!&#8221;</p>
<p>My point? Sure, pitching in with the household chores isn&#8217;t always fun, but when you get a chance to make it a communal activity it really can turn a dull chore into an opportunity for family fun (and a little bonding to boot!)</p>
<p>Sometime in the next week create an opportunity to involve the kids in a household chore. You may even all enjoy it.</p>
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		<title>Only $10 for the non-venomous ones</title>
		<link>http://goldengoo.se/pocket-money/only-10-for-the-non-venomous-ones/</link>
		<comments>http://goldengoo.se/pocket-money/only-10-for-the-non-venomous-ones/#comments</comments>
		<pubDate>Fri, 23 Oct 2009 10:26:26 +0000</pubDate>
		<dc:creator>matthew</dc:creator>
				<category><![CDATA[Pocket Money]]></category>
		<category><![CDATA[earning]]></category>

		<guid isPermaLink="false">http://goldengoo.se/?p=10</guid>
		<description><![CDATA[Barry and his mates would catch snakes for Eric Worrell. They would get paid twenty dollars for each snake, but only ten dollars for the non-venomous ones!]]></description>
			<content:encoded><![CDATA[<p><a href="http://twitpic.com/mjtk6"><img class="alignright" title="Celebration Yum-cha" src="http://twitpic.com/show/thumb/mjtk6.jpg" alt="" width="150" height="150" /></a>To celebrate my <a title="Four Money Boxes Pocket Money System for Kids" href="http://www.bhatt.id.au/blog/4-money-boxes-pocket-money-system-for-children/">first</a> <a title="Philosophy of Pocket Money" href="http://www.bhatt.id.au/blog/the-philosophy-of-pocket-money-for-children/">two</a> paid posts over at <a href="http://twitter.com/neerav">@neerav</a>&#8216;s Rambling Thoughts Blog, a very interesting friend of ours took us to yum-cha lunch today. Yes, he went all out and ordered the crab.</p>
<p>As we talked briefly about developing my blog, the conversation turned to how (let&#8217;s call him &#8216;Barry&#8217;) Barry used to earn money as a kid. He spoke of interminable summers of being dragged along to regional test cricket games (which take, literally, days) &#8211; which gave Barry a healthy dislike for all things cricket.</p>
<p>To get away from the very slow pace of test cricket, Barry and his mates would catch snakes for <a title="Eric was a world renowned herpetologist" href="http://www.reptilepark.com.au/park_history_eric.asp">Eric Worrell</a>. They would get paid twenty dollars for each snake, but only ten dollars for the non-venomous ones!</p>
<p>My jaw just about hit the table when I heard Barry talk about this. So it made me wonder &#8211; what is the craziest way you ever earned money as a kid?</p>
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