PAYjr is an online Chore & Allowance System that claims to be a great tool to help children manage money. Both the parent and the child log onto the website and a list of chores is created for the child to complete. Each chore on the list has a price beside it and a timeline as to when it must be completed. Then at the end of the time period the child prints out the document and essentially bills their parent(s). Visa has also bought the company and offers children 13+ their chore money via a prepaid card!
Most Popular Chores:
1) 1)Make Bed
2) 2)Clean Room
3) 3)Feed Pet
Highest Paid Chores:
1) 1)Mowing Yard ($20)
2) 2)Watching Sibling ($15)
3) 3)Wash Car ($15)
Lowest Paid Chores:
1) 1)Brush Teeth ($0.01)
2) 2)Layout clothes for tomorrow ($0.01)
3) 3)Do homework ($0.01)
Odd Chores:
1) 1)Changing Underwear ($0.05)
2) 2)Capping Toothpaste ($0.02)
3) 3)Staying Awake for Sermons ($0.10)
4) 4)Waking up Happy ($0.05)
Now I don’t know about you, but I find it weird that capping the toothpaste pays more than the actual brushing of your teeth (which seems more important). Not to mention doing homework pays the least may encourage children to wash the car or wake up happy opposed to focusing on education. What do you think?