http://www.pfadvice.com/2010/04/02/point-system-for-kids/ Bridging the gap between saving money and investing Sun, 19 May 2013 09:46:21 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://www.pfadvice.com/2010/04/02/point-system-for-kids/comment-page-1/#comment-681240 Mcneri Sun, 04 Apr 2010 05:21:15 +0000 http://www.pfadvice.com/?p=5885#comment-681240 Motivating children is a challenge for many adults. Motivation in itself is also a challenge and that explains why so many adults find themselves in deep money trouble. Rewards motivate children and so does praise and challenge. You have to treat each unique child as different. My kids are 4 and 6. they are4 different and motivating them to do things depends on who we are dealing with. One loves sweet treats while the other loves praise, blatant open praise. One loves being seen to be acting grown up while the other just wants to be acknowledged. Money may not mean much to kids but I believe the earlier we teach children about money, the more savvy they will be with this instrument when they are older. Finding a way to put MONETARY reward into the equation may be a very helpful approach. I have not yet figured out a way to do that…..or maybe I should be patient and soon the kids will show me how.

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