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Kids, Money, and Capitalism

November 17, 2016 By Y3K

Kids can learn about money, hard work and capitalism. Some parents don’t believe in giving their kids an allowance. Instead they give their kids a commission. If the children work doing chores, they get paid. If they don’t work, they don’t get anything. Children learn very quickly how capitalism works throughout the United States. They realize if they want something, they will have to work hard to earn it.

The pay range could be around $1 to $5 per chore. Some increase the amount as the child grows and the work becomes more difficult. If you decide to go this route, make sure the commission amount is appropriate for your family and budget.

Filed Under: Articles Tagged With: advice, America, controversy, money, parenting, positive reinforcement, United States, unspoil

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