Episode 97
Morning 6-Pack - Chores Kids Should Totally Do for $52!
Morning 6-Pack - Kids and Their Allowances! Buckle up, fam! We’re diving into the wild world of kids' allowances, and guess what? New studies say preteens are raking in an average of $52 a month for basically doing the bare minimum—like cleaning their room and doing the dishes. Can you believe it? Back in my day, we had to break our backs for that cash! 😂 We’ll also throw down the gauntlet with six ridiculously funny (and slightly outrageous) tasks that kids could do to actually earn that dough. From tackling the mystery smell in the attic to providing 24/7 beer delivery service (hey, we’re all about entrepreneurial spirit here), this episode is packed with giggles and some serious side-eye at today's pampered kiddos. So, grab your snacks and prepare to laugh as we dissect the allowance game! Rise and shine, folks! Today we’re diving into the wild world of kids and their allowances. Did you know that preteens are raking in an average of $52 a month just for doing their chores? I mean, come on! Back in my day, we had to do way more for our dough! But here’s the kicker: 78% of parents think their kiddos are money maestros. That’s right! They’re handling cash better than we did at their age. And let’s not forget about the new payment methods – Venmo and preloaded debit cards are taking over the good ol’ cash system. So, while some kids are just doing the dishes and cleaning their rooms for that sweet allowance, I’m here thinking of six epic chores they should really be doing! Like, how about removing popcorn ceilings or investigating that weird smell from the attic? I’d say that’s worth way more than $52! Tune in for the full list and a whole lot of laughs!
Transcript
Good morning, it's Haystack.
Speaker A:And there is a new study that finds that the latest group of people to get a cost of living bump in their pay.
Speaker A:Preteens who diligently finish their chores.
Speaker A:According to a new report, the average child's allowance up to $52 a month or roughly $13 a week.
Speaker A:Now that does vary of course, a lot based on how old the child is, how much work they're putting in, how tight money is in the household.
Speaker A:So calm down grandpa, before you get your panties in a bunch.
Speaker A:About $13 a week.
Speaker A:You also have to remember, inflation hits allowances like everything else.
Speaker A:I mean, imagine you're paying a 12 year old $13 a week.
Speaker A: and a half dollars a week in: Speaker A: s, back in: Speaker A:So if you were making a lot less than that, then yes, grumble about $13 a week.
Speaker A:And kids these days are overpaid.
Speaker A:Otherwise, no pretty fair pay.
Speaker A:There is one place you do have room to gripe though.
Speaker A:Kids these days don't have to do nearly as much work for that allowance.
Speaker A:With most children only having to do the dishes and clean their room.
Speaker A:Those are the average things required to earn the allowance.
Speaker A:But allowance, regardless of how much work you do for it, isn't in is an educational endeavor.
Speaker A:78% of parents.
Speaker A:I was blown away by this.
Speaker A:78% say that their children handle money responsibly.
Speaker A:And a full 2/3 admit their kids are more financially responsible than they were at the same age.
Speaker A:Just over half of parents are still forking out cash, while about a third have embraced alternatives like Venmo or preloaded debit cards.
Speaker A:Others abandoned currency altogether and they pay their children with experiences or screen time instead.
Speaker A:That is thought to work more for younger kids than for teenagers.
Speaker A:No matter how you compensate your children, no matter how you provide them their allowance.
Speaker A:I do believe as a guy that was raised kind of old fashioned and worked from the time I was very young, I do believe we need to make children work for that money.
Speaker A:And if you can't think of something for your kids to do, I can think of at least six things they could do for that allowance.
Speaker A:Yeah, that's right.
Speaker A:We're gonna come up with six things that that kid can do to earn their 52$52 a month allowance.
Speaker A:Number six, remove popcorn ceilings.
Speaker A:Number five, investigate that smell coming from the attic.
Speaker A:Number four, put fitted sheets back on the mattress.
Speaker A:I'm gonna tell you right now, that's worth more than $52 a month.
Speaker A:I. I despise having to put the fitted sheets on.
Speaker A:It's so hard.
Speaker A:Let's see here.
Speaker A:Number three, rewire the house so the fuse doesn't blow when you run a space heater at the same time as the hair dryer.
Speaker A:Number two, clean out that yellow gunk at the bottom of the freezer.
Speaker A:And the number one thing that a kid should have to do to earn their $52 a month allowance.
Speaker A:Provide 247 refrigerator to Lazy Boy Beer Delivery Service.
