tag:blogger.com,1999:blog-14194867.post5028106133615654773..comments2024-03-15T23:39:29.134-08:00Comments on Scribbit | Motherhood in Alaska: Teaching Children Responsibility: MoneyScribbithttp://www.blogger.com/profile/03178711182424809035noreply@blogger.comBlogger33125tag:blogger.com,1999:blog-14194867.post-7716947167511795882008-09-03T10:18:00.000-08:002008-09-03T10:18:00.000-08:00You have a lot of the same views on child rearing ...You have a lot of the same views on child rearing as I do. Especially that everyone in the household does chores, etc. just to pitch in. But how do you get the children to not lose interest because 50 cent here and there takes a long time to save up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14194867.post-72406675823900344502008-01-07T12:35:00.000-09:002008-01-07T12:35:00.000-09:00Little Tyke, I appreciate your comment and questio...Little Tyke, I appreciate your comment and question--and my answer would be "yes" and "no." Yes, I've spent money on things like piano lessons, swim lessons, educational opportunities like that. However, I wouldn't buy the kids a computer or other electronic device--not because I'm against computers but mostly because I don't seem them as a necessity towards education. My poor kids have a mother and father who made it through lots of years of college without owning our own computer so I tend to think it would be better to have them pay for their own. When I got my first computer I bought it myself and 23 years later the prices have come down so much it's really within their reach. Plus I do have a problem with computer and video games--real issues there. Does this answer your question?Scribbithttps://www.blogger.com/profile/03178711182424809035noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-68643859202805494592008-01-07T11:16:00.000-09:002008-01-07T11:16:00.000-09:00I read your article with some interest about attit...I read your article with some interest about attitudes to money. I always find it interesting about how other people teach their kids how to appreciate money. As your article says you always make your kids earn what they wanted. Did you ever think it was appropriate to buy your kid something that they wanted solely because you thought it would help their development educationally, such as their first computer for homework which would be way out of the price range of a young child could earn,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14194867.post-85713418335550591572007-05-26T05:58:00.000-08:002007-05-26T05:58:00.000-08:00Love the marble idea, especially for preschoolers....Love the marble idea, especially for preschoolers.Erica Douglashttps://www.blogger.com/profile/01399571477792412237noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-55539830921484726472007-05-23T00:07:00.000-08:002007-05-23T00:07:00.000-08:00great idea but with this-- iam wondering... kids l...great idea but with this-- iam wondering... kids loss innocents sooner than they should..no??Anonymoushttps://www.blogger.com/profile/14317831523155115391noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-49481258967816200002007-05-22T10:23:00.000-08:002007-05-22T10:23:00.000-08:00Our attitude about earning luxury items is the sam...Our attitude about earning luxury items is the same. Though they do get quite a bit of those as gifts from other family members. Things that are earned though are much more appreciated and better cared for. <BR/><BR/>We do give Kellen (8) a small allowance to teach him money management. It isn't tied to chores, those need to be done either way. But the small allowance gives him some practice. He keeps 1/3, saves 1/3, and gives 1/3.Stephanie Appletonhttps://www.blogger.com/profile/07411714132368771649noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-80257422189955549602007-05-22T07:03:00.000-08:002007-05-22T07:03:00.000-08:00This is a great post for me right now. I am just s...This is a great post for me right now. I am just starting to wonder about whether or not to give my 5-year-old an allowence. I've been struggling with this issue and you've now given me the answer1<BR/><BR/>ThanksMhttps://www.blogger.com/profile/04349247004635678939noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-55981699910048103142007-05-22T05:46:00.000-08:002007-05-22T05:46:00.000-08:00And this is exactly the reason why I love reading ...And this is exactly the reason why I love reading your posts and think you're one heckuva mom.<BR/><BR/>Hannah and Jacob have sticker charts, and it's been the only reward system to which they have positively responded. I basically took a poster board (for each kid) and divided it into 400 squares. They are each responsible for various age-appropriate chores, for which they can earn a sticker. They can also earn or lose stickers for good or deviant behaviors. When they have filled a row of stickers, they earn a dollar. When the entire chart is full, they get their reward. Hannah wants a kitten; Jacob wants new track for his train set (what else?!). We are almost six months into the chart system, and it's working really well. They are very much aware that their actions determine how quickly they earn stickers and, ultimately, their prize. They also now know NOT to whine for small toys whenever we go out.Anonymoushttps://www.blogger.com/profile/07570437173288571934noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-10137182172411488622007-05-21T22:30:00.000-08:002007-05-21T22:30:00.000-08:00We have the kids save money for things they want b...We have the kids save money for things they want beyond their needs also. They do get toys for bdays and christmas and occasionally if I decide to do something special but if they want something I usually have them earn the money for it in different ways. I think its good for them then they can learn about saving money and if they earn money but don't have something special to buy they are still learning to decide is this really what I want to spend my money on?my4kidshttps://www.blogger.com/profile/05877891733197763535noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-31383354552301803732007-05-21T20:33:00.000-08:002007-05-21T20:33:00.000-08:00This topic is a big deal in our house right now wi...This topic is a big deal in our house right now with our 6 year old son. Great ideas!<BR/><BR/>BTW, you won over at the ContestForMoms.com blogPetiteMommyhttps://www.blogger.com/profile/14526874040937712724noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-30695354958249984762007-05-21T20:28:00.000-08:002007-05-21T20:28:00.000-08:00Thanks for these tips - I'm gonna show the hubby y...Thanks for these tips - I'm gonna show the hubby your list so we can work out a plan for our 2 elder boys - time they learn to earn their keep!la bellina mamminahttps://www.blogger.com/profile/05480564746644285382noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-47221681529252191542007-05-21T18:34:00.000-08:002007-05-21T18:34:00.000-08:00Your advice sounds excellent! We're a long way of...Your advice sounds excellent! We're a long way off from that phase, but we're already started teaching our 15-month-old about "saving." (He knows that money goes in his piggy bank--it's pretty impressive, considering we've only done it a few times, and he knows exactly what will happen when he has a penny or a quarter.)Jordan McCollumhttps://www.blogger.com/profile/16523599384793856702noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-38225901181624106762007-05-21T18:11:00.000-08:002007-05-21T18:11:00.000-08:00Just to clarify, I don't think your coverage was i...Just to clarify, I don't think your coverage was inadequate at all. I think for your stage you are right on the mark. And you will appreciate the groundwork you are laying down now in the future when the best friend's parents buy a new car to go with the new license. I had only meant to highlight that we studied lots of flavors of parenting in regards to money skills as we staggered our way through. We came from different backgrounds completely so the early rounds were a bit tense. But we are very pleased and proud of how well they manage their lives and finances. They are way ahead of us at their ages. I think you can look forward to the same pleasure.Debhttps://www.blogger.com/profile/16834029909046193413noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-2034508985858393102007-05-21T17:56:00.000-08:002007-05-21T17:56:00.000-08:00There are some things that we do for our convenien...There are some things that we do for our convenience. Since we live in a rural area, it's to our advantage to have our kids driving, however they respect that it's our car. They don't go out "cruising" and hanging out, they use it for school and sports. <BR/><BR/>Whenever we ask them to do something around the house, they do it. We work on the principle that we are a family, in it together. Money is earned for those extra chores that take time and skill, mowing the lawn is a paid chore in our house.<BR/><BR/>Our first just came home from his freshman year of college. We never sent an allowance and he paid for his day to day stuff, books and 2/3 of his tuition. I am so proud that during the year, he even put some of his savings in a CD! I would say that's better than another college freshman I know whose parents sent them $50/week and the kid came home with a tattoo. I think we are doing okay!<BR/><BR/>Michelle, good idea on the bikes. We go on the pass down theory here and it works for the most part.Jenny McBhttps://www.blogger.com/profile/11260376064122225845noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-86568356900740191752007-05-21T14:46:00.000-08:002007-05-21T14:46:00.000-08:00Amen!Amen!An Ordinary Momhttps://www.blogger.com/profile/05497066145696617241noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-21178589288222402352007-05-21T11:02:00.000-08:002007-05-21T11:02:00.000-08:00Thanks for the link! I loved your post, as always...Thanks for the link! I loved your post, as always. You're very talented.K T Cathttps://www.blogger.com/profile/10259428595745509790noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-32676983043497753672007-05-21T10:36:00.000-08:002007-05-21T10:36:00.000-08:00A great post with some really good ideas (and link...A great post with some really good ideas (and links). I've also liked a lot of the additional ideas mentioned. The marble jar sounds grand -- the kids' teachers do something similar. Sounds better than the point chart I try to use.Patois42https://www.blogger.com/profile/07764936858778730692noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-31093398946201881982007-05-21T08:46:00.000-08:002007-05-21T08:46:00.000-08:00This is a great post, one that I will definitely b...This is a great post, one that I will definitely be saving to use on Ashley. She tends to "want" a lot of stuff she doesn't "need". Especially stuff from Target. In the toy aisle.Amy Whttps://www.blogger.com/profile/16889460762363255735noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-35797227063826751732007-05-21T08:45:00.000-08:002007-05-21T08:45:00.000-08:00Thanks for linking to my article. I can't wait to...Thanks for linking to my article. I can't wait to read all the other links you have listed. <BR/><BR/>Our biggest problem is also with a certain set of grandparents. It seems like they undo our teaching with the kids faster than we can teach it. All they seem to care about is stuff! I just hope our example makes an impact in the long run.<BR/><BR/>I like to tell my kids, "We can buy (almost)anything we want but we can't buy everything we want."Larahttps://www.blogger.com/profile/12518442124374879454noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-54220635931943271632007-05-21T08:20:00.000-08:002007-05-21T08:20:00.000-08:00I'm bowing down to you Michelle for doing a really...I'm bowing down to you Michelle for doing a really great job in teaching all your children the value of money! We too believe in the "no allowance" rule in our house and that Mommy and Daddy are not a bank. <BR/><BR/>We see so many parents spoiling their kids in excess. My hubbie's nieces have been given all the gadgets/toys that "mankind has invented" as a reward for doing great in school since they were young, I think that's so wrong. <BR/><BR/>My 6 y/o has been asking for a DS game but we told him that he doesn't need it and he's fine with using the computer to play games. <BR/><BR/>I'm definitely using your approach about the kids earning their own money if they want something "extra" for themselves.<BR/><BR/>Again, you and Andrew are definitely model parents that other parents should learn from. Your children will be so well rounded, successful human beings to society once they go out into the world. Kudos to you both!!wayabettyhttps://www.blogger.com/profile/06993697296070707945noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-8238178283254314952007-05-21T08:11:00.000-08:002007-05-21T08:11:00.000-08:00How about that! Our daughter has a business calle...How about that! Our daughter has a business called "(her name)'s household Help". She is not old enough to babysit yet so her earnings are a little slim. They pick up in the summers though.<BR/><BR/>All this will start becomming important to our little one in the next year or so too.Marie N.https://www.blogger.com/profile/02358976552469177345noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-73669268518845196992007-05-21T08:06:00.000-08:002007-05-21T08:06:00.000-08:00I enjoyed this post and when time want to look at ...I enjoyed this post and when time want to look at the other references you listed. I am interested to know about grandparents. My children have 3 sets and they usually are quite indulgent. How do you curb this spending or is it a problem for you?Gingerhttps://www.blogger.com/profile/05265230076705145676noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-36052812635747583902007-05-21T07:57:00.000-08:002007-05-21T07:57:00.000-08:00A very well written post! I love the advertising ...A very well written post! I love the advertising you did with your daughter. Thanks for validating my pricing system for kids. I have had dirty looks from neighbors when I've told them how much I pay my children for certain jobs. I've told my children that when they get to the point where they can do the job as good or better than I can, then they will be able to make the big bucks.Ice Creamhttps://www.blogger.com/profile/10720267761985766740noreply@blogger.comtag:blogger.com,1999:blog-14194867.post-5041269981343499552007-05-21T07:56:00.000-08:002007-05-21T07:56:00.000-08:00Thanks so much for your insightful thoughts on thi...Thanks so much for your insightful thoughts on this. As a mom of two young boys, I struggle with how much to give them. My parents denied us things because they couldn't afford them, which I think was good for us in the long run. Now that I can afford to buy my kids a lot, I struggle to say "no." One thing that we do is to have a marble jar. In a ziploc we have about 50 marbles. When they do a chore or something without asking, they earn a marble and get to put it in the jar. When the ziploc is empty, they have each earned a toy to pick out. If they haven't earned all their marbles yet, and we take a trip to a toy store, I can just say, "You can look for something to buy later with your marbles." They have to earn it and learn the joy of anticipation. Can't wait until they can start earning real money like your kids!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14194867.post-72489984308694002522007-05-21T06:43:00.000-08:002007-05-21T06:43:00.000-08:00You are right on the money. 5 of our 11 are out of...You are right on the money. 5 of our 11 are out of home now and they all are hardworking and frugal. You will be rewarded in a way that tops the biggest allowance before you know it. Keep up the good work (ethic)!Babettehttps://www.blogger.com/profile/10857857884713869970noreply@blogger.com