from Penny Pinchin’ Mom® -- Tips on Family, Recipes, Money and More!
How To Teach Kids Financial Responsibility (Includes Printable Form)
We all know to talk to our kids about strangers, drugs, alcohol and more. Do you know that you need to also teach them financial responsibility as well? It is JUST as important and a life skill they can't live without.
I decided to go simple with the rewards system. Each child will get a punch card. They can earn up to 3 punches per day for things like good behavior, being kind to one another, getting their jobs done without me twisting their arm, etc. They can then turn in the punch cards for predetermined prizes. All are low cost, most are free! I think this will be a great system to keep us motivated and on task, and allow us to make the most of our fun time together.