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Author: HaltCatchFire Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6773  
Subject: Re: teaching kids value Date: 3/4/2009 7:21 AM
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As far as other expenses, I never liked the idea of allowance but instead I like to teach my kids they should work for what they get.

DD earns her allowance through good behavior. Good behavior earns a sticker. 7 stickers earns $2. No, that isn't a lot of money. She can earn more various ways. I'll pay $1 for helping to put away DS's laundry. Helping with yard work (usually trash duty) is $1. Perfect spelling tests are worth $1. "Are you thinking about your sticker?" is usually enough to curb wild behavior.

She used to have the worst case of the iwannas I have ever seen. Now she gets told, "did you bring your money?" That cut that out right away.

Funny thing is, she is very careful about what she buys and is very proud of how she spends her money. She remembers that Moon Sand was her first purchase. (And yes, she still plays with it.) She's also made donations out of her fund as well. You've never seen a 7-year-old walk taller than when she's helped out some cause out of her own purse.

HTH,

- HCF
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