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posted by ByParents-forParents at 4:17 PM
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"So when GD mentioned that he would like to get the new Metroid Prime game for the Wii, I said fine. How are you going to earn the money to buy it?... GD talked it over with his boss (i.e. his dad.) The hubs was no longer his father in this case, but was his boss. And if GD wanted to earn enough money to buy the game, he would have to do something in return. The hubs, er, the boss, told him that he could paint our shed for a set amount of money."The shed painting didn't go well at first and Karen's son almost gave up. It was a hard lesson, for her son and for her, but one that's necessary for kids to truly thrive once they're out in the "real world."
Labels: money, responsibility, working
posted by ByParents-forParents at 7:23 PM
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"Many parents struggle with tensions between work and family. Parents say job demands are the #1 thing that makes parenting difficult, according to Search Institute surveys. Two-thirds of parents surveyed by Public Agenda, a national opinion research company, say they worry some or a lot about juggling the demands of work and family."The Search Institute suggests that parents use the principles outlined in its Developmental Assets framework to better manage the tension between family and work. Principles include setting values and priorities, having the whole family work on chores together, and setting aside specific time to spend with family members. Read more at MVParents.com.
posted by ByParents-forParents at 9:46 PM
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"Have them take the very first paycheck and... blow it... Here's why I suggest having them spend it: They get to experience the benefits of hard work and have some fun. After the first paycheck, here's how to handle every other paycheck, for the rest of their lives. I call this the 10 by 4 solution. With each and every paycheck, take 10 percent and put it in four different places."Have them save, give away, pay off debt, and save for something specific with 10 percent of every paycheck. The remaining 60 percent can be used to pay off bills, spend going out with friends or going shopping for the latest fashion trends. Read more at ParentingIdeas.org.
Labels: money, responsibility, working
posted by ByParents-forParents at 7:54 PM
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