🧹 Weekly Chore & Earnings Tracker: How-To Guide for Families 💰

Teaching kids responsibility and money management doesn’t have to be complicated. A Weekly Chore & Earnings Tracker is a simple tool that helps families build healthy habits around work, rewards, and budgeting—all in one.

Here’s how to use it to create structure, accountability, and even fun in your home.

🧾 What Is a Weekly Chore & Earnings Tracker?

It’s a visual chart (on paper or digital) that helps kids:

• Know which chores they’re expected to do

• Track when they complete each chore

• See how much they can earn

• Begin connecting effort to income

This system works especially well for kids ages 5–14, but it can be adjusted for teens too.

✅ Step-by-Step: How to Use the Tracker

1. List Weekly Chores

Start by listing 4–7 age-appropriate chores for each child. Some examples:

• Younger kids (5–8): Make bed, put away toys, feed pets, help set the table

• Older kids (9–14): Take out trash, sweep, fold laundry, wash dishes, clean bathroom

💡 Tip: Involve your kids when choosing the chores—they’ll be more likely to follow through.

2. Assign Dollar (or Point) Values

Decide how much each chore is worth. You can choose to pay:

• Per completed chore (e.g., $0.50–$2.00 each)

• As a weekly allowance if all tasks are completed

• Or use a point system they can cash in for rewards or privileges

3. Track Completion Daily

Use checkboxes or stickers to track each chore as it's completed. If you’re using a printable, post it somewhere visible like the fridge or a command center.

This helps your child see their progress and stay motivated.

4. Review at Week’s End

At the end of each week:

• Tally up completed chores

• Calculate earnings (or points)

• Pay your child their “wages” in cash, digital allowance, or store in a “family bank”

👏 Celebrate their effort and responsibility—positive reinforcement goes a long way!

5. Encourage Saving & Giving

This is a great time to introduce budgeting basics! Consider using 3 jars or envelopes:

• Save (long-term goal)

• Spend (small, fun purchases)

• Give (donation or charity)

🧠 Why It Works

Using a chore tracker:

• Builds independence

• Reinforces work ethic

• Teaches real-world money lessons

• Keeps your home more organized (bonus!)

📎 Free Add-On Ideas for Parents & Kids

• Savings goal tracker

• Family reward chart

• “Bonus bucks” for going above & beyond

• Screens-for-chores swap system

• Editable PDFs for digital families

🎯 Final Thought

Kids thrive on consistency and structure. A Weekly Chore & Earnings Tracker does more than keep the house clean—it helps raise financially literate, motivated, and capable young people.

At MakeCentsBookkeepingllc we can categorize your transactions, reconcile your business accounts, and provide your business financial statements.