Comments on: Summer Responsibilities http://www.activeallowance.com/blog/summer-responsibilities-2/5/ Doing more than just "winging" it Wed, 28 Jul 2010 21:57:00 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Jeff Sidel http://www.activeallowance.com/blog/summer-responsibilities-2/5/comment-page-1/#comment-2 Jeff Sidel Tue, 03 Jul 2007 23:12:13 +0000 http://www.activeallowance.com/blog/?p=5#comment-2 Prior to Active Allowance, my wife and I were terribly frustrated. We had difficulty teaching our kids about the value of money. As soon as they got some money from allowances, birthday gifts, etc. it was spent on junk food and movies and then they would would line up to ask for more when the money ran out. Enter Active Allowance. This incredible tool provided our kids with a sense of discipline from two perspectives: First, you have to earn the money by giving something back in value i.e chores around the house and second, money is a very limited and precious commodity. Therefore it should be used with discretion. In other words do I really want to spend it at McDonald's for a quick fix or should I save it to buy concert tickets to see the Red Hot Chilli Peppers when they come to town? No contest! Prior to Active Allowance, my wife and I were terribly frustrated. We had difficulty teaching our kids about the value of money. As soon as they got some money from allowances, birthday gifts, etc. it was spent on junk food and movies and then they would would line up to ask for more when the money ran out.

Enter Active Allowance. This incredible tool provided our kids with a sense of discipline from two perspectives: First, you have to earn the money by giving something back in value i.e chores around the house and second, money is a very limited and precious commodity. Therefore it should be used with discretion. In other words do I really want to spend it at McDonald’s for a quick fix or should I save it to buy concert tickets to see the Red Hot Chilli Peppers when they come to town? No contest!

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