Greenlight’s Guide to Chores

Julie Lythcott-Haimes, author of How to Raise an Adult, gave a TED Talk in 2015 about setting the right priorities for your kids. She quoted the Harvard Grant Study (only the longest longitudinal study ever conducted) which concluded “professional success in life comes from having done chores as a kid.” 

We think chores are important too, which is why we launched a set of chores features in the Greenlight app in February of this year. Since then, we’ve actually had Greenlight families tell us that their kids have asked for MORE chores after instituting a routine.

“I have noticed that my kids volunteer to do more chores without asking since I have signed them up about a month ago. They enjoy tracking their spending, and more often think before they spend unlike with cash.”

When is the right time to start chores?

All families are different, and all kids are different. A chores routine can start as early as “getting clothes to the laundry basket” in preschool years. 

Back-to-school season is a great time to talk about getting back into routines, and asking your kids for input on what tasks need to be done. Another great time is birthdays, recognizing that with age comes new responsibilities.

Which chores do I choose?

Of all Greenlight families, the five most popular chores are:

Greenlight's top 5 most popular chores: 1. Clean your bedroom. 2)

Clean your bedroom is the most popular chore for all ages. Read is popular for younger kids, under the age of 10. Take out the trash heats up for children over 12 years of age. And wash the dishes is most popular around 15-17. 

Some other personal favorites from the editor: pick up after yourself, scoop the dog poop and be nice to your brother. “No cussing” has also been a fan favorite around the Greenlight office. A special shout out to the parents writing their chores in ALL CAPS. But we digress…

On average, Greenlight families institute 4.41 chores per child, and recurring chores are by far more popular than one-time. 

Here’s a helpful guide from the moms of Sunshine and Hurricanes with kid-friendly chores from preschool through 10 years of age.

Do I pay my kids for chores?

A recent T. Rowe Price survey on parents, kids and money saw that 51% of parents give their kids allowance, but the kids have to earn it. 

Ron Lieber, author of Greenlight staff favorite The Opposite of Spoiled, advises not to give allowances in exchange for chores. He says, “Allowances ought to stand on its own, not as a wage but as a teaching tool.” 

Chores teach accountability and responsibility. Allowances tangibly teach the practices of budgeting and saving. (More on allowances over the coming weeks.)

There are experts and Greenlight families, on both sides of the fence of this debate. We encourage each family to make decisions based on what will work best for them.

  • You may institute a chore schedule that includes standard tasks (like cleaning up bedrooms, doing laundry or walking the dog), and incentivizes more high-value tasks with monetary rewards on a less-frequent basis. 
  • You might consider an allowance to be regular payment for jobs well done. If the clothes are piled up on the desk instead of on the floor, little Sophia’s room still isn’t “clean” to mom’s golden standard.
  • You can tie chore completion to allowances. If the trash isn’t taken out, floor isn’t vacuumed and the dog poop isn’t scooped, you won’t get your allowance this week.

Whatever your chore routine, Greenlight can help you stick to it

With features like flexible scheduling and linking chore completion to allowance, Greenlight has helped thousands of families implement a routine.


Set chores that repeat weekly, or multiple times a week.

Greenlight chores scheduler

Or set one-time chores for bigger tasks like spring cleaning, babysitting or mowing the lawn.

Setting up a one-time chore.

Kids review and check off their chores as complete.

Child checks off chores when complete.

Review the chore schedule and manage scheduled payouts.

Parent reviews all chores in one view within the Greenlight app.

Don’t have Greenlight yet?

Get started by signing your family up today.

New Year Resolutions & Bright Futures

Studies have shown that financial health is strongly connected to physical and mental wellness. There’s no better time than now to start routines that set your kids up for financially-healthy and happy futures. Let Greenlight help you set new year resolutions that you’ll actually keep to jumpstart your progress.

Resolution #1: We all need a bit of balance (tracking)

Our goal at Greenlight is to make sure all kids are empowered to make financially-smart decisions. We think empowerment starts with knowledge — working with kids to make sure they understand how much they earn, how much they spend and how they should save. 

Tip #1 is all about making sure kids take the time regularly (dare we say it, daily?!) to track their spend history and account balances. This new year resolution will naturally spark conversations around trade-off decisions, teaching your kids responsibility in budget management.

Within the Greenlight app, kids are able to monitor their spending, earning, saving, and giving history. This allows kids (and parents!) to track:

  • How much to expect in allowance
  • How much is available to spend
  • Progress toward their saving goals

“I have two teens (13 & 14). Being able to see their spending and balances digitally via the app has made them much more mindful of how and when they choose to spend their money.”

Antoinette K, Greenlight mom

Resolution #2: Save! Save! Save!

We know it’s hard for kids (especially the young ones!) to understand the difference between wants and needs. Starting kids out with a savings account early can teach them to save for what they want and be prepared to cover what they need because unexpected things happen. 

Consider mapping out a monthly plan with your kids to help them articulate, save for and reach their goals. 

The most popular saving goal for Greenlight kids in 2019 was a car!

If your kids earn an allowance based on grades or chore completion, write out how much each grade or task is worth. That will help them calculate what they need to do to accomplish their goals.

Parents are also able to help their kids reach their goals by setting aside a portion of allowances into their child’s Greenlight save account, helping reinforce wise saving habits.

Setting up saving goals within the Greenlight app helps kids visualize what they’re saving for and regularly track their progress.

Greenlight kids who create saving goals save 29% more than kids who don’t.

Once a week, consider having a family meeting to talk about how close your kids are to reaching their goal. Reviewing their spend history can help kids rethink a plan for the next week on how to spend less and save more. This regular routine can turn into a long-term habit that magically reduces the number of times you get asked for money.

Resolution #3: Watch savings grow with Parent-Paid Interest

After you get your family into the habit of saving, it’s time to learn about how to make your savings grow. Greenlight helps teach the power of compound interest by offering parents the ability to pay a parent-paid interest rate on top of their child’s savings.

On average, Greenlight families set a parent-paid interest rate of 18%. 

Once your kids understand the concept of compound interest, you can set your parent-paid interest rate to a more realistic one and have conversations around what grownup savings accounts typically earn.

Resolution #4: Have you done your chores?

Chore routines can be a great way to show your kids that money has to be earned. A recent poll of Greenlight parents showed that 73% give allowance, and 47% say their kids have to earn it. 

Use the beginning of the year to reassess your family’s chore routine. With age may come new responsibilities, changing the chores typically assigned to your kids.

However, if ever, you choose to reward your kids for chores, Greenlight can help with task management. With the Greenlight app, you can set one-time or weekly chores based on the routines you set for your family. 

In 2019, Greenlight helped kids finish 1.8 million chores!

Parent reviews all chores in one view within the Greenlight app.

If your child does dishes weekly, Greenlight allows parents to assign tasks and regular deadlines. If your child contributes to other household responsibilities by cleaning the gutters once a month, one-time chores may be assigned with an optional monetary reward upon completion.

Whatever your goals, Greenlight is here for you.

Greenlight is here to help your family feel empowered to talk about money and form smart habits with all the tools to raise financially-smart kids. Not a Greenlight member? Sign up today!

Greenlight’s 2019 Year in Review

You did it. You celebrated the birthdays, packed lunches for soccer tournaments and survived the endless conversation about Minecraft. Congratulations, Moms and Dads — you’ve made it through 2019. 

As we look toward 2020, allow us to celebrate the unsung heroes of financial literacy – YOU! The hundreds of thousands of Greenlight parents teaching their kids the value of a dollar and the art of making smart trade-off decisions.

In 2019, Greenlight kids did 1.8 million chores and collectively managed more than $150 million. But that’s not all.

Greenlight's 2019 Year in Review infographic. 
Kids managed $150+ million in 2019.
They set aside $2.6 million to give and did 1.8 million chores.
On average, they spend $91 per month, and 30% of what they spent went toward food and grocery.

Looking toward 2020

In 2020, we’ve got big plans to improve the Greenlight app and add more features for your kids to learn the full-spectrum of money management.

We’ll be weaving more educational layers into the Greenlight app, making it fun (and painless!) for kids to build smart earning, spending, saving and giving habits.

Our team is also building tools for kids to learn all about the world of investing, with a new suite of features that allow kids to invest in multiple funds and even buy fractional shares from their favorite companies.

Our single most important job is to support you – the parents doing the hard work. Together, let’s make 2020 the Year of Financial Literacy.

*Data captured from Greenlight families based on activity from Dec 2018 to Nov 2019. Average monthly spend calculated only for kids who spent.