A disturbing new study found that girls are earning 75 cents for every dollar a son receives as allowance money. BLS took a survey of over 5,000 homes, finding a large disparity across the board between how much a son and daughter receive in the same household.
“As my kids get older, you have to think of the investment,” says father Mike Walsh of Holland, MI. “Chester is more likely than Lainey to be well-liked and promoted, so it makes financial sense to invest in his understanding of how that system works.”
While the most common allowance motivators were completion of chores, receiving good grades, and teaching the value of money management, male children were more likely to receive their allowance in spite of meeting these goals.
“I get better grades than Chester, and I’ve already opened a savings account with a great interest rate,” says nine-year-old Lainey, who then showed us the “Walsh Chore Chart” where she received 10 gold stars in the past week over Chester’s two stars. “Dad tells me that Chester just knows how to command a room.”
Some daughters are choosing to fight back against the disparity. Sofia, 11, has started her own company providing a recycling service to local nursing homes. “When I found out that Antony was getting more allowance than me for the exact same chores, I decided to start earning my own money. It’s really rewarding; I just wish the old people there would stop offering my brother money to ‘buy sweets’ while I empty their bins.”