Families have different ways of setting up pocket money. PayDay provides flexibility in how your kid gets paid through a regular pocket money amount and/or jobs. Jobs can be required to earn a regular pocket money amount or earned per job.
(Need inspo on jobs? Here are some common and uncommon chores we’ve seen in Kit!)
What’s the difference between 'Required Jobs' and 'Earn Per Job'?
Jobs that 'Earn Per Job' are paid as according to the number of times completed. If you set 5 jobs as 'Earn Per Job' and they are worth $2 each, if your kid ticks off 4 out of 5 jobs, they will earn $8.
'Required Jobs' must be completed to earn the regular pocket money amount. If you set 5 ‘Required Jobs’, kids must tick off all 5 jobs to earn the regular pocket money amount. If your kid ticks off 4 out of 5 'Required Jobs', they will not earn anything by default, however you can override this behaviour when reviewing PayDay.
My kid forgot to tick their jobs. Can I change the amount when approving PayDay?
Different ways to set up pocket money and jobs in Earn
These are some common ways that families have set up Earn.
Option 1: No jobs, pocket money paid regularly
- Set regular pocket money amount
- Do not add any jobs
Your kid will regularly receive the regular pocket money amount on PayDay without needing to tick off anything in the app.
Option 2: Pocket money paid only if all jobs are completed
- Set regular pocket amount
- Create 'Required Jobs'
- When creating a job, set type to 'Required for regular pocket money'
This sets up PayDay as an ‘all or nothing’ scenario. Your kid must tick off 100% of jobs to be paid the regular pocket money amount, otherwise they earn nothing. (If you have enabled Boss Approval for PayDay, you can override the amount when reviewing PayDay.)
Option 3: Pocket money paid as a proportion of jobs completed
- Create jobs that 'Earn Per Job'
- When creating a job, set type to 'Earn per job'
- Indicate how much your kid will get paid each time they complete the job
If your kid completes 4 out of 5 jobs that are worth $2 each, they will be paid $8 for completing the 4 jobs out of $10 maximum potential earnings.
Option 4: Regular pocket money, but kid can earn extra if they do more
- Set regular pocket money amount
- Create jobs that 'Earn Per Job'
- When creating a job, set type to 'Earn per job'
- Indicate how much your kid will get paid each time they complete the job
Your kid will regularly receive the regular pocket money amount. If they decide to complete chores, they can earn more money on top of the regular pocket money amount by ticking off the jobs that 'Earn Per Job'.
Option 5: Required jobs for regular pocket money, but kid can earn extra if they do more
- Set regular pocket money amount
- Create 'Required Jobs'
- When creating a job, set type to 'Required for regular pocket money'
- Create jobs that 'Earn Per Job'
- When creating a job, set type to 'Earn per job'
- Indicate how much your kid will get paid each time they complete the job
Your kid will need to complete all their 'Required Jobs' to get the regular pocket money amount. And if they complete jobs that 'Earn Per Job', they can earn more money depending on the jobs they’ve ticked off.
'Required Jobs' and jobs that 'Earn Per Job' are calculated independently. If your kid does not complete all their 'Required Jobs', but completes their jobs that 'Earn Per Job', they will not receive the regular pocket money amount, but will still receive the money earned from their jobs that 'Earn Per Job'.
Set up PayDay however you like it!
If your scenario is not listed above, feel free to play around with the regular pocket money amount, 'Required Jobs' and jobs that 'Earn Per Job' any way you like to suit your family’s pocket money system.