ADVICE RATING |
 4.68 (Highly recommend) from 19 votes (572 Visits) |
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Kids And Money |
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by cleannut  (October 2006) (rank 96th) |
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I've written advice a few times but noticed the people reading it mentioned they couldn't read it . Other than the way i write now i don't know how to correct the way to write so people understand. Now regarding money and kids. Go to a dollar store get
poker chips. Kids as young as 4 can understand the concept of money. Get an old jar. If more than 1 child get a jar for each child. Let them decorate their personal jars. Poker chips come in different colors. Each chore your child does give them a red poker chip to put in their jar.. Whether it's making their beds to sweeping the floor empting diswasher, whatever .
Offering to help you in the kitchen by setting the table or taking out garbage without being asked gets a blue poker chip. Red poker chips are worth 50 cents. blue poker chips are worth a dollar. Why more money for a blue one. Because they did something without being asked, Parents already know kids don't like doing chores. At the end of the week empty the jars add up poker chips. Half the money goes in their piggy banks the rest can be spent on whatever they want. It doesn't just have to be toys and treats they spend their money on. They can trade 2 chips so you take them to the park or somewhere fun. It's up to them.
However, don't give your children this last option unless you know you can carry through with taking them somewhere fun. most kids would rather have quality time with a parent than buying a new toy or treats. The saying in my house is a promise made is a promise kept. Sometimes it was difficult to keep my promise because of time committment. I proud to say i was able to keep the promise. Kids don't stay young long, their innocence is gone way too soon. Before the harsh reality of the world takes over , enjoy their trusting loving time you do have with your kids. Regarding the chips and and how my kids used them. 80% of the time they picked spending time with mommy.
It dawned on me after i wrote this parents might assume i made my kids earn chips so they could spend time with me. That wasn't my attention. i spent quality time with my kids. I however had more than one child. whichever child had the most chips and wanted to cash them in. one with the most got to pick the place or activity first. All my kids had the same opportunity to earn chips, or what bedtime story they wanted me to read. sometimes they could give me extra chips so i'd read another story, or let them stay up a little later at bedtime. There are tons of creative ways they could cash in their chips. so please anyone who thinks i made my kids pay for my time, of course not. It taught them how to give of themselves and rewards will follow. As to what the rewards are is up to them.
