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Allowance meeting: agenda and tips

A 25-minute agenda to agree the amount, what it covers, and the spend, save and give split, with what to decide and how long to keep it.

The agenda (25 minutes)

  1. min 0Step 1: What the allowance is for, and what parents still pay for5 min
  2. min 5Step 2: The amount for each child, and why it differs by age5 min
  3. min 10Step 3: The spend, save and give split4 min
  4. min 14Step 4: Is it linked to chores, and how5 min
  5. min 19Step 5: Each child names a savings goal4 min
  6. min 23Step 6: Payday and a review date2 min

Decide and write down

  • The weekly amount for each child
  • What it covers
  • The jar split
  • Payday
  • Each savings goal

When and how long

When
before the first allowance, and once a year after that
How long
10 to 15 minutes with children from 5
Goal
agree the amount, what it covers, and the spend, save and give split

After the meeting, TaskFamily keeps what you decided: spend, save and give jars, an automatic weekly allowance and savings goals with a date.

Free for one household. Premium is $5.99 a month or $49 a year for the whole family, never per child.

Keep reading

The agenda timings are TaskFamily's suggestion for the age of the youngest child at the table. The guide text is drafted with AI from these numbers and checked automatically before it is published.

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