The chore chart

For the past several months, the princess has been hinting that she wants an allowance.  I guess this is a right of passage for all kids.  I remember receiving an allowance in 6th grade.  Those two dollars a week gave me such a feeling of wealth and independence.  But, how much does today's child receive?  I felt $5 a week was good, but hubby wanted $10.  I decided to make a chore chart for her that will enable her to decide.  $5 will be easily earned,$10 will require extra thought and effort.  She will be paid for what she does.  Every day, she can receive a check for basic things: making her bed, picking up after herself, reading, practicing her guitar, completing her homework, and respectful behavior.  If she gets 7 checks in a week, she will earn $5.  Every check she loses will deduct $1 from her possible $5.  She can also earn stickers for going above and beyond her expectations.  All day, I was cross examined about if she was getting a check mark and how could she get a sticker. There was no concrete answer for stickers.  Sometimes we will ask her for help with things, other times she can step in when she sees a need.   For example, tonight little man had a meltdown in bed.  I was oblivious on the treadmill.  By the time hubby got me, little guy had calmed down and sounded fine.  When I got to his room, she was sitting next to his toddler bed, holding his hand and reading him a story.  Once I had managed to cherish the moment for a second, I took her place reading and settling him down.  I thanked her for helping, and waited to be asked if she would get a sticker for it.  Happily, the quetion never came which made the gesture and kindness all the more heartwarming.  That definitely earned a sticker!  I'm curious to see what this chart will become.  Will it become a reinforcement for good behavior, or will it be forgotten in a month or two?  Let me know what you think.  Should kids have to earn their allowance?  How much should a child get in 2013?