In rare moments of
financial lucidity, I ponder some of the more interesting questions regarding
the present state of the economy.
For instance, do kids
still get an allowance? I mean, what
could they possibly buy for a few bucks a week… a candy bar or snack-sized bag
of corn chips?
How many chores would
kids have to do to earn the money needed to refill their iPod with iTunes or
iPad with iGames? Would they have time to go to school? Would their parents get
arrested for breaking the child-labor laws?
From what I’ve heard via the Grandma Grapevine, the current allowance rate must align with your state’s requirements for minimum wage—or the kids can go on strike.
Sounds like a rumor,
but it could be true. I spotted a chore chart on my granddaughter’s bedroom
wall. Her to-do list included cute things like helped Mommy, didn’t fight
with my sister, put my clothes in the hamper. All age appropriate for a
small child.
I made the assumption that her allowance
landed somewhere within the fifty cents to one dollar per week rate. What I
found in her Hello Kitty wallet lying
on the floor, however, shocked me into reality. There was enough money stuffed in
there to keep me in Cirque du Soleil tickets for years.
I shudder to think of
the going rate for my teenage granddaughter’s allowance. Does it have to
include credit cards or an IRA and full retirement benefits?
Trying to teach kids
the basic principle of work-equals-pay hasn’t changed much over the years. It’s
the bottom line that’s fluctuated dramatically. Kids today are much more dollar
savvy than they were in my generation. That TV commercial with the baby
consulting his brokerage account proves my point. Long gone is the thrill of
finding fifty cents under your pillow left by the tooth fairy. Now its five
bucks minimum or the fairy takes a hike.
Guess that’s the thing
about getting older, the only allowance one has to take into account is the
waistband on your pants. And in the final analysis, that doesn’t add up to a
pretty figure, no matter how you tweak the numbers.
No comments:
Post a Comment