{"id":252,"date":"2017-10-21T00:00:00","date_gmt":"2017-10-21T00:00:00","guid":{"rendered":"https:\/\/thepiquelab.com\/blog\/2017\/10\/21\/how-much-is-enough-a-parental-guide-to-allowances\/"},"modified":"2022-11-08T21:30:53","modified_gmt":"2022-11-08T13:30:53","slug":"how-much-is-enough-a-parental-guide-to-allowances","status":"publish","type":"post","link":"https:\/\/thepiquelab.com\/blog\/how-much-is-enough-a-parental-guide-to-allowances\/","title":{"rendered":"How Much Is Enough? A Parental Guide To Allowances"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243; custom_margin=&#8221;0px|||&#8221; custom_padding=&#8221;0px|||&#8221;][et_pb_row custom_padding_last_edited=&#8221;off|phone&#8221; module_class=&#8221; et_pb_row_fullwidth et_pb_row_fullwidth et_pb_row_fullwidth et_pb_row_fullwidth et_pb_row_fullwidth et_pb_row_fullwidth et_pb_row_fullwidth&#8221; _builder_version=&#8221;3.25&#8243; width=&#8221;89%&#8221; width_tablet=&#8221;80%&#8221; width_phone=&#8221;&#8221; width_last_edited=&#8221;on|desktop&#8221; max_width=&#8221;89%&#8221; max_width_tablet=&#8221;80%&#8221; max_width_phone=&#8221;&#8221; max_width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;|0px||0px&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;|15px||15px&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; make_fullwidth=&#8221;on&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Main Blog Text&#8221; _builder_version=&#8221;3.27.4&#8243; text_font_size=&#8221;16&#8243; text_line_height=&#8221;28px&#8221; header_font=&#8221;geomanist-bold||||&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;-55px|-45px||&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; text_font_size_tablet=&#8221;&#8221; text_font_size_phone=&#8221;&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; text_line_height_tablet=&#8221;&#8221; text_line_height_phone=&#8221;&#8221; text_line_height_last_edited=&#8221;on|phone&#8221; z_index_tablet=&#8221;500&#8243;]<\/p>\n<p>Are you having troubles deciding on how much pocket money to give your children before sending them to school? During your days as a student, you should be able to vividly remember how cheap a bowl of noodles or chicken rice is! <em>70 cents a day<\/em> could provide you with a satisfactory meal in our school canteens!<\/p>\n<p style=\"text-align: center;\"><em>However, times have changed!<\/em><\/p>\n<p>The cost of food in school canteens has inflated over the years. You will be shocked when visiting your children\u2019s school canteen and learning the cost of food today! The days of 70-cents providing us a full meal are long gone! Such an amount can barely afford your children even a drink!<\/p>\n<h2><span style=\"color: #d00031; font-family: geomanist-bold;\">Before we begin\u2026.<\/span><\/h2>\n<p>Many of you parents are wondering on the frequency in which you should give your children allowances. Should allowances be given on a weekly or daily basis? For primary school students, we would recommend <strong>a daily allowance<\/strong>! This would be more effective in teaching your children to learn to save!<\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<h2><span style=\"color: #d00031; font-family: geomanist-bold;\">Advantages Of Providing A Daily Allowance<\/span><\/h2>\n<p><strong><span style=\"text-decoration: underline;\">#1 Benefit:&nbsp;Providing a daily allowance will allow your children to understand the benefits of saving!<\/span><\/strong><\/p>\n<p>Placing their remaining money into their respective piggy banks at the end of the day is a good habit that should be practised when young. Such savings can be spent on candies or affordable toys if they choose to do so!<\/p>\n<p>Such habits introduce and encourage the concept and habit of saving to your children as they will eventually see the benefits saving money bring! Hence, as parents, you will be able to witness your children gradually starting to save more and spend less. This is brought about by the incentive of saving up to purchase an item which they will truly cherish!<\/p>\n<p>Assuming you provide your children with a weekly allowance, what will they survive on if they spend their entire allowance on the very first day?<\/p>\n<p>Most young children are unable to resist the temptation of spending heavily on the first day upon receiving their allowance and as parents, you will then have no choice but to give your children more money. This vicious cycle will continue. As a result, your children will be unable to cultivate the habit of saving.<\/p>\n<p style=\"text-align: center;\"><em>Now, How Much Daily Allowance Is Considered To Be The Right Amount?<\/em><\/p>\n<h2><span style=\"color: #d00031; font-family: geomanist-bold;\">#1: Inculcating A Sense of Financial Responsibility<\/span><\/h2>\n<p>The act of placing money in the hands of your children can give them a sense of responsibility.<\/p>\n<p>As parents, you should introduce and discuss with your children the importance of saving before giving them their allowance. Tell them how difficult it is to earn money and teach them the importance of handling money well.<\/p>\n<p>Such talks will allow your children to learn and adapt better decision-making skills with the money they have!<\/p>\n<h2><span style=\"color: #d00031; font-family: geomanist-bold;\">#2: Understanding What The Money Is Spent On<\/span><\/h2>\n<p>If possible, do take the time and visit your children\u2019s school canteen.<\/p>\n<p>This provides you parents with a rough idea on the pricing of food and snacks available in your children\u2019s canteen! It is through such &#8216;excursions&#8217; that you will be able to derive a suitable amount for your child!<\/p>\n<p>Parents should also discuss with their children to understand if they have enough cash to survive in school on a daily basis! If you are still worried that the amount you are providing is insufficient on certain days when your children have to remain in school for extra co-curriculum activities, do include an additional $1 &#8211; $2 to ensure your children will not go hungry!<\/p>\n<h2><span style=\"color: #d00031; font-family: geomanist-bold;\">#3: Using A Formula<\/span><\/h2>\n<p>Many parents often rely upon a formula which co-relates their children\u2019s age to determine an amount suitable for their children\u2019s allowance. Assuming your child is 7 years old, a daily allowance of <em><u>$7<\/u><\/em> can be given! As your child becomes a year older, an increase of <em><u>50 cents<\/u><\/em> can be given!<\/p>\n<p>This can be done when you parents have the confidence that your children have a better understanding of the concept of saving as they grow older.<\/p>\n<h2><span style=\"color: #d00031; font-family: geomanist-bold;\">#4: Working Chores For Additional Allowance (Gamification)<\/span><\/h2>\n<p>As parents, you would want to allow your children to understand how fortunate they are compared to other children overseas. Your children are able to have a roof over their head and not having to worry with regards to their next meal.<\/p>\n<p>Hence, you should believe that your children have a role to play when it comes to household chores. Such activities will allow your children to be grateful for the facilities and convenience they possess at home and also instil a sense of responsibility.<\/p>\n<p>By promising a monetary incentive after the completion of a task, your children will understand how difficult it is to earn their own money and will not take things for granted by spending unnecessarily.<\/p>\n<h2><span style=\"color: #d00031; font-family: geomanist-bold;\">In conclusion&#8230;<\/span><\/h2>\n<p>As a parent, you would want to ensure that your children have adequate funds to survive comfortably in school on a daily basis. You definitely do not want them to go hungry while saving up to purchase a toy they desire.<\/p>\n<p>You can imagine how <em>disastrous<\/em> such actions could potentially become.<\/p>\n<p>Always ensure that your children understand how allowance given should be used.<\/p>\n<p>Additional allowance can always be saved or earned as such savings can be used by your children in the future to purchase anything they like. Have them understand that when the money is spent, it cannot be recovered until they start saving or earning it back again.<\/p>\n<p>If you&#8217;ve observed your children are practising good money saving habits, consider rewarding them with a treat or even a pretty stationery! This would serve as an encouragement to save even more. The satisfaction they are able to attain when purchasing an item through their own savings can be <strong>priceless<\/strong> to your children.<\/p>\n<p style=\"text-align: center;\"><strong>Happy Parenting!<\/strong><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;3.22.7&#8243; custom_margin=&#8221;0px||&#8221; custom_padding=&#8221;0px||&#8221; global_module=&#8221;933&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_divider color=&#8221;#898989&#8243; _builder_version=&#8221;3.22.7&#8243;][\/et_pb_divider][et_pb_image src=&#8221;https:\/\/thepiquelab.com\/blog\/wp-content\/uploads\/2019\/05\/The-Pique-Lab-Parent-Support-Group-CTA.jpg.png&#8221; url=&#8221;https:\/\/www.facebook.com\/groups\/279058918884463\/&#8221; align=&#8221;center&#8221; align_tablet=&#8221;center&#8221; align_last_edited=&#8221;on|desktop&#8221; admin_label=&#8221;PSG&#8221; _builder_version=&#8221;3.23&#8243; z_index_tablet=&#8221;500&#8243;][\/et_pb_image][et_pb_text _builder_version=&#8221;3.27.4&#8243; text_text_color=&#8221;#333333&#8243; text_font_size=&#8221;18px&#8221; text_orientation=&#8221;center&#8221; z_index_tablet=&#8221;500&#8243;]<\/p>\n<p style=\"text-align: center;\">Please click <a href=\"https:\/\/www.facebook.com\/groups\/279058918884463\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a> to join our Parent Support Group on Facebook!<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p><!-- AddThis Advanced Settings generic via filter on the_excerpt --><!-- AddThis Share Buttons generic via filter on the_excerpt --><\/p>\n","protected":false},"author":7,"featured_media":241660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<span style=\"font-family: geomanist-bold;\">Students learn<\/span> the topic of <span style=\"color: #d00031;\"><strong>Electricity<\/strong><\/span>\u00a0at Primary 5 and many of them find the concepts to be confusing, especially when they are first exposed to this topic.\r\n\r\nAs such, over the next few blog posts, I will be sharing more about the concepts of <span style=\"color: #d30001;\"><strong>Electricity<\/strong><\/span>\u00a0that are commonly tested during examinations.\r\n\r\nIn today\u2019s blog post, I will be focusing on the arrangement of the wires in a bulb and relate it to how a bulb should be connected in a circuit.\r\n<h2><span style=\"color: #d00031;\">Today\u2019s Question:<\/span><\/h2>\r\n<blockquote><span style=\"color: #d00031;\"><strong>How Should The Bulb Be Connected To The Circuit For It To Light Up?<\/strong><\/span><\/blockquote>\r\n<p style=\"text-align: left;\">The following question is commonly encountered by students during tests.<\/p>\r\n<p style=\"text-align: left;\"><a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/ACS-J-Question.png\"><img class=\"aligncenter wp-image-8447 size-large\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/ACS-J-Question-1024x630.png\" alt=\"\" width=\"1024\" height=\"630\" \/><\/a><em>Question Credit: Anglo Chinese School (Junior)\/ 2015 Primary 5 SA1\/ Question 18<\/em><\/p>\r\nWe can see that the key difference between the four options is the connection of the bulb(s) in the circuit.\r\n<h3><strong><span style=\"color: #d00031;\">Requirements Needed for a Bulb to Light Up<\/span><\/strong><\/h3>\r\n\u00a0\r\n\r\n<a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Screenshot-2017-09-17-12.54.25.png\"><img class=\"aligncenter wp-image-8451 size-large\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Screenshot-2017-09-17-12.54.25-1024x547.png\" alt=\"\" width=\"1024\" height=\"547\" \/><\/a>\r\n\r\n\u00a0\r\n\r\n<strong><u>One wire is connected to the metal casing & one wire is connected to the metal tip<\/u><\/strong>\r\n\r\n\u00a0\r\n<p style=\"text-align: center;\"><a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Example-of-a-Closed-Circuit.png\"><img class=\"aligncenter wp-image-8452 size-large\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Example-of-a-Closed-Circuit-e1505630926957-1024x665.png\" alt=\"\" width=\"1024\" height=\"665\" \/><\/a><em>Example of a closed circuit<\/em><\/p>\r\nWhen the wires in the circuit are connected to the metal casing and metal tip of the bulb, there is a closed (or complete) circuit with the bulb. Electricity will be able to flow through the filament, causing the bulb to light up.\r\n<h2><span style=\"color: #d00031;\"><strong>What Happens When Both Wires Are Connected To The Metal Tip\/Metal Casing?<\/strong><\/span><\/h2>\r\n<span style=\"text-decoration: underline;\"><strong>Scenario #1: Both wires are connected to the metal tip<\/strong><\/span>\r\n\r\n<a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Scenario-1.png\"><img class=\"aligncenter wp-image-8453 size-large\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Scenario-1-e1506494508837-1024x543.png\" alt=\"\" width=\"1024\" height=\"543\" \/><\/a>\r\n<p style=\"text-align: center;\">E<em>xample of a circuit when the wires are connected only to the metal tip<\/em><\/p>\r\nWhen both wires are connected to the metal tip of the bulb, electricity is unable to flow through the filament, preventing the bulb from lighting up.\r\n\r\n<span style=\"text-decoration: underline;\"><strong>Scenario #2: Both wires are connected to the metal casing<\/strong><\/span>\r\n\r\n\u00a0\r\n<p style=\"text-align: center;\"><em><a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Scenario-2.png\"><img class=\"aligncenter wp-image-8454 size-large\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Scenario-2-e1505630899322-1024x545.png\" alt=\"\" width=\"1024\" height=\"545\" \/><\/a>Example of a circuit when the wires are connected only to the metal casing<\/em><\/p>\r\nWhen both wires are connected to the metal casing of the bulb, electricity is unable to flow through the filament, preventing the bulb from lighting up.\r\n\r\nNow, let us now take a look at the question again.\r\n<h2><span style=\"color: #d00031;\"><strong>Analysis Of The Options<\/strong><\/span><\/h2>\r\n<a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/ACS-J-Question.png\"><img class=\"aligncenter wp-image-8447 size-large\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/ACS-J-Question-1024x630.png\" alt=\"\" width=\"1024\" height=\"630\" \/><\/a>\r\n\r\nWhen analysing the circuits, students need to take note of one key point:\r\n<h3 style=\"text-align: center;\"><span style=\"color: #d30001;\"><strong>How is the bulb connected to the circuit?<\/strong><\/span><\/h3>\r\nIn the following analysis, I have traced the pathway that electricity flows through (in red) as well so that it is easier to understand why the bulb lights up.\r\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Circuit A<\/strong><\/span><\/p>\r\n<a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Circuit-A.png\"><img class=\"aligncenter wp-image-8455\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Circuit-A-748x1024.png\" alt=\"\" width=\"329\" height=\"450\" \/><\/a>\r\n\r\nBoth the metal casing and tip of the bulb are connected to the circuit, forming a closed circuit. Thus, electricity is able to flow through the wires in the circuit to the filament, allowing the bulb to light up.\r\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Circuit B<\/strong><\/span><\/p>\r\n<a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Circuit-B.png\"><img class=\"aligncenter wp-image-8456\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Circuit-B-940x1024.png\" alt=\"\" width=\"367\" height=\"400\" \/><\/a>\r\n\r\nOnly the tip is connected to the circuit. Thus, electricity is unable to flow through the filament, preventing the bulb from lighting up.\r\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Circuit C<\/strong><\/span><\/p>\r\n<p style=\"text-align: center;\"><a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Circuit-C.png\"><img class=\"alignnone wp-image-8457\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Circuit-C-1024x819.png\" alt=\"\" width=\"475\" height=\"380\" \/><\/a><\/p>\r\nOnly the casing is connected to the circuit. Thus, electricity is unable to flow through the filament, preventing the bulb from lighting up.\r\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Circuit D<\/strong><\/span><\/p>\r\n<p style=\"text-align: center;\"><a href=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Circuit-D.png\"><img class=\"alignnone wp-image-8458\" src=\"https:\/\/thesmartstudent.sg\/wp-content\/uploads\/2017\/09\/Circuit-D-707x1024.png\" alt=\"\" width=\"311\" height=\"450\" \/><\/a><\/p>\r\nBoth the metal casing and tip of the two bulbs are connected to the circuit, forming a closed circuit. Thus, electricity is able to flow through the wires in the circuit to the filaments, allowing the bulbs to light up.\r\n\r\nAs the bulbs in circuits A and D will light up, the correct answer is option 4.\r\n<h2><span style=\"color: #d00031;\"><strong>What We Have Learnt Today<\/strong><\/span><\/h2>\r\nWhen students wish to find out if the bulb will light up, they should check the following:\r\n<h3 style=\"text-align: center;\"><strong><span style=\"color: #d00031;\">Are both the metal casing and the tip of the bulb connected to the circuit?<\/span><\/strong><\/h3>\r\nIf the answer to the question is \u2018yes\u2019, the bulb will light up. :)\r\n\r\nIn the next blog post, I will be sharing about the advantages and disadvantages of arranging bulbs in series and in parallel.\r\n\r\nStay tuned! :)\r\n\r\n<hr \/>\r\n\r\n[thrive_leads id='8207']","_et_gb_content_width":"","om_disable_all_campaigns":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"post_folder":[],"modified_by":"Joline","_links":{"self":[{"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/posts\/252"}],"collection":[{"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/comments?post=252"}],"version-history":[{"count":12,"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/posts\/252\/revisions"}],"predecessor-version":[{"id":241428,"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/posts\/252\/revisions\/241428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/media\/241660"}],"wp:attachment":[{"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/media?parent=252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/categories?post=252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/tags?post=252"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/thepiquelab.com\/blog\/wp-json\/wp\/v2\/post_folder?post=252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}