budgeting is good, if it gets more families to teach their kids, it will be a good thing. I did this with my kids, the youngest homeschooled one got to do more of it.
At least once when I had a couple complaining teens, I made a list of all chores that were done to run a household, some are invisible to them, especially some that are done by parents (transportation time, shopping time, budgeting and bill paying time...), with time estimates. Not that I need to explain myself and what they need to do at all, but it helps with their education to see the time everything takes, as well as the money, time budget, money budget.
As far as time budgets went, there was a while, maybe a few years, when they "owed me" for extra driving, hour for hour. Which makes sense, I cant get my share of the work done if I am then losing an hour or two getting them to some extra random place, so then they can help with something I normally do, such as take over one of my nights for cooking dinner, or do some of my part of the cleaning or weeding in the garden.