Allowance Game The
Allowance game is a wonderful tool that you can use to teach a
phenomenal amount of information about finances and wealth to your
children. You can use it to break bad habits, stop your kids from
spending all of YOUR money, teach the value of money, teach your
child how to become a wise consumer, and teach a work ethic. I know
you’re thinking “Yeah, right!” But read further, and you will
understand why I make these strong assertions!
Paying for Chores with
Allowance
Figuring out how much to pay your child is easy. Beginning right
now, write down how much you spend from this point forward on things
for your child that are not “necessities” – things like candy,
videos, toys, CDs, trinkets, and other extras. Also, write down the
things that your child asks for that (would) require you to spend
money. To the best of your ability, write down what you have spent
on these things in the past month for each of your children. Keep
this list in a place where you can easily update and refer to it.
Chores
What Should You Pay Your Child For? As
a parent, you must decide what ways you deem appropriate for your
child to earn money. There are many different ways to pay your
children, and it depends on their personalities, habits, attitudes,
and the choices they make on a daily basis. I’ll use my children as
an example. Both my kids can earn $14.00 a week base pay. Do they?
NEVER! Nevertheless, they could earn this amount if they did
everything I am willing to pay for.
An
essential part of your children understanding the value of money, is
through earning money. Prosperity4Kids, Inc. has compiled a
suggested list of chores for you to download FREE!
You
will also receive our Chores Checklist -
an ideal method of keeping track of your
child's completed chores each week.
To
receive your FREE chores list and checklist,
enter your name and email address below:
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New York Times
best-selling authors
Mark Victor Hanson and
Robert Allen
give a powerful foundation for Prosperity 4 Kids
creator Lori Mackey.
"Finally, a
Real Piggy Bank that teaches life's 3 most important financial lessons to kids instantly.
I love this product and want every kid to have one starting at birth." Mark Victor Hansen
Co-Author of
Chicken Soup for the Soul
and 79 more New York Times
#1 best-selling titles
"Just imagine where we would all be,
if we were taught this valuable lesson as children.
Prosperity 4 Kids is a wonderful way
to start your child on the
road to financial success." Robert Allen
Author of New York Times #1 bestsellers Multiple Streams of Income, Nothing Down
and Creating Wealth
I had the absolute privilege of personally coaching Lori
Mackey at the beginning of her entrepreneurial career. I
congratulate her for creating Prosperity4Kids, Inc., a
cause-driven idea for kids that will assist today's children in
becoming our society's entrepreneurs of the future. I am proud
to have been a small part of her vision. Jeffery Combs, President
Golden Mastermind Seminars, Inc.
