Hi everyone, I just wanted to share this with you.
Here is an article I just posted on my Allowance Secrets Blog.
Enjoy!
Kids chores create responsible fiscal adults. That’s what we want our kids to become, right? ;o) We want to nurture our kids so that one day they will leave the nest and be able to take good care of themselves.
Whenever Xanthe or Quinn leaves the house, I always say “take good care of yourself.” We want our children to grow into responsible and financially secure grown-ups. What do kids chores have to do with becoming financially secure?
There’s an old adage that says “if you want anything done, give it to someone who is busy.” That person is already working hard so your task will get done too.
Smart thinking!
If we want our kids to grow into responsible adults, we have to keep them busy. Idle hands create nothing. Busy hands create something. Let’s hear it for kids busy hands! ;o)
Kids chores keep kids busy. Not only the usual and routine chores that your kids do around the house as members of your family, but also those unusual and not so routine chores done outside the family home.
Do kids get paid for doing these chores? That’s a debatable question. I’ve thought a lot about this. I’ve discussed this with many experts too. I believe there is a definite connection between kids chores and responsible fiscal adults.
I believe in paying for kids chores when the chores are unusual and not so routine. Usual and routine chores are performed by all members of a family and keep the family intact. No payment is necessary.
Unusual and not so routine chores do need some compensation. This is a perfect way to teach your kids how to earn money on their own. Earned money needs to be managed. Kids who manage their money well turn into responsible fiscal adults.
If you pay for your kids chores, those unusual and not so routine ones, then do your kids need an allowance? This is another debatable question.
Get my free ebook “Allowance Secrets: To Give or Not To Give” where the top 25 “kids and money” experts, family coaches, and highly successful entrepreneurs share their personal opinions and tips on whether or not to give your children an allowance. And you can read what they have to say about kids chores too!
I’m a strong believer in entrepreneurial skills and creative thinking over an allowance. I believe in fostering financial independence by helping our kids find kid-friendly, creative ways to make their own money. Managing money well is a skill that kids need to learn in order to become financially secure.
We want to empower our kids with life skills and money savvy so they will be Clever with their Dough and have the positive self-esteem needed to live happy fulfilling lives as adults. What better way to do that than to pay for out-of-the-ordinary kids chores and create entrepreneurial mind sets.
Cheers … Amanda van der Gulik … Excited Life Enthusiast! ;o)
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