Comments on: Teaching kids the value of money http://www.cutelittlebastards.com/2008/01/18/teaching-kids-the-value-of-money/ Adventures of a former Career Man turned ManPreneur, part stay-at-home-father, part entrepreneur, overrun full time by his 4 kids Thu, 11 Mar 2010 18:39:30 +0000 http://wordpress.org/?v=2.1.1 By: Lynnae @ beingfrugal.net http://www.cutelittlebastards.com/2008/01/18/teaching-kids-the-value-of-money/#comment-3114 Lynnae @ beingfrugal.net Fri, 18 Jan 2008 14:29:30 +0000 http://www.cutelittlebastards.com/2008/01/18/teaching-kids-the-value-of-money/#comment-3114 Thanks for the mention! I'm glad you liked the idea, and best of luck with it! Thanks for the mention! I’m glad you liked the idea, and best of luck with it!

]]> By: jinfinite8 http://www.cutelittlebastards.com/2008/01/18/teaching-kids-the-value-of-money/#comment-3198 jinfinite8 Sun, 10 Feb 2008 01:25:50 +0000 http://www.cutelittlebastards.com/2008/01/18/teaching-kids-the-value-of-money/#comment-3198 Today was fun. It's been three weeks since we started our chores and they've been moer successful than I would have hoped. Julia spent her first weeks wages on a toy at target and she was very pleased. John couldn't find ANYTHING he wanted at Target that day and after I gave him chance after chance to either pick something or save the money, he just couldn't make up his mind. I explained that was because he really didn't want any of the things that were in his budget and it didn't make sense to buy them. Of course, he was not happy with this because he had no instant gratification. I know how he feels. :-) In the end John chucked a fit but gave in to saving. Today was a happy day because we went to Toys R Us and he had enough money to get something he wanted. I'm sure over time he will understand more and more that you have to be patient and work for what you want without the adult lectures. More than any of what I've said the positive reinforcement of their daily chores is REALLY valuable. The kids are doing things that they refused to do and at bed time (when I give them check marks) they get really excited. At the end of the week they earn stars and those stars earn them money. This week they had slacked off a bit so I gave them a $1 less and explained why. Today was fun. It’s been three weeks since we started our chores and they’ve been moer successful than I would have hoped. Julia spent her first weeks wages on a toy at target and she was very pleased. John couldn’t find ANYTHING he wanted at Target that day and after I gave him chance after chance to either pick something or save the money, he just couldn’t make up his mind. I explained that was because he really didn’t want any of the things that were in his budget and it didn’t make sense to buy them. Of course, he was not happy with this because he had no instant gratification. I know how he feels. :-)

In the end John chucked a fit but gave in to saving. Today was a happy day because we went to Toys R Us and he had enough money to get something he wanted. I’m sure over time he will understand more and more that you have to be patient and work for what you want without the adult lectures. More than any of what I’ve said the positive reinforcement of their daily chores is REALLY valuable. The kids are doing things that they refused to do and at bed time (when I give them check marks) they get really excited. At the end of the week they earn stars and those stars earn them money. This week they had slacked off a bit so I gave them a $1 less and explained why.

]]>