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Economic Socialization in the American Family: The Prevalence, Distribution, and Consequences of Allowance Arrangements
Jeylan T. Mortimer, Katherine Dennehy, Chaimun Lee and Michael D. Finch
Vol. 43, No. 1 (Jan., 1994), pp. 23-29
Published by: National Council on Family Relations
Stable URL: http://www.jstor.org/stable/585138
Page Count: 7
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We examined the prevalence, distribution, and consequences of allowance for 1,000 ninth grade students. There was a positive relationship between parental socioeconomic status and the provision of allowance, and most ninth graders did household chores in exchange. While there were no significant effects on children's savings, receipt of allowance was associated with weaker intrinsic and extrinsic work values. The implications for family practitioners are discussed.
Family Relations © 1994 National Council on Family Relations