Teach Your Kids About the Value of Money!

18 November 2011 - Which Way to Pay

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Teach Your Kids About the Value of Money!

We all have extremely busy lives, and it can be hard to find to the time to teach your children certain life lessons. The value of money and a good work ethic are both extremely important things to teach your kids, but can be difficult to make time for. In our busy lives, itís easy to feel guilty about not spending enough quality time with our children too, which can lead to us spoiling them to make up for it.

Your children will benefit from a rewards scheme through which they will get their allowance. Make them earn the money you give them by doing chores. You can then introduce bonuses for a job done particularly well, or being completed without you having to ask them. You can even give them more pocket money for the more completed tasks. This will show them that hard work has its rewards, nothing comes for free and a job well done and taking the initiative will also be rewarded. 

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