Q. 1. Should Catholic parents give their child(ren) a weekly allowance?
A. 1. First of all, it depends on a number of factors such as where the family lives, its financial status, its life style and the type of education that the parents intend on giving the child(ren).
Secondly, the allowance should be suitable to the age of the child.
Thirdly, an allowance should be earned by the child to teach him a sense of responsibility. Pocket money should never be given as a regular handout. "Should be earned by the child" is a reference to the child making his bed on a daily basis, keeping his bedroom clean, helping around the house such a clearing the table or doing the dishes.
The parent has an obligation to monitor how the child wisely spend his/her money. That is part of the education of the child.
Wealthy parents should refrain from paying their child an hourly wage, especially when it is higher than the hourly rate earned by the average adult. A parent that gives a 10 year old boy $15.00 per hour for doing chores around the house when many adults are only earning $12.00 per hour at their job, such a person is irresponsible and will experience child behavioral problem in the future.
Only a foolish parent refuses to act as a parent, irresponsibly choosing to be the child's friend. You cannot buy your child's friendship and love.