Teaching kids about money

Teaching kids about money

  • August 20, 2013
  • Big Kids / Little Kids

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    Brittany
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Motherhood at a Glance: Chores and more chores

Motherhood is tough enough without the extra pressures that are placed upon us daily. Mothers today at stretched thin with work, extra school activities, and household duties. One of our most important and overlooked jobs is to educated our brewed in the ways of money. I can tell you this is difficult for any parent. I have and can share with you some has. Things I have learned about how to motivate my little one.

Ticket Taking:

this method gives your kids the  opportunity to earn tickets in exchange of doing chores. At the end of each week or month the tickets can be exchanged for money.

Chore Chart:

having a chart with assigned chores that will be marked  upon completion. After each week each check mark will be added to come up to a final total.

These are two ideas we tried. Also stickers are great incentives for small children as well. We have also implemented a “goody box” which was utilized when good behavior, chores, or weekly goals were met. Inside the box were erasers, pencils, vitamin lollipops, crayons, and small plastic rings or cars. We also put piggy banks in place to display the earned funds. I have found that Melissa and Doug have a nice chart for chores available. They are colorful, wooden, and easily changed weekly. I also found Dave Ramsey has a finical kit suitable for younger kids and up. They are designed to educate youngsters on finances and how to manage them.

You will be able to figure what works best for your family. The most important product of teaching your children about money will be how to send, save, and give. I utilized these principles and encourage my children to become finically smart. I encourage everyone to find the method appropriate for themselves.

Good luck!



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Brittany

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