Teaching Kids about Money & Good Behavior

So this is how you’re going to buy mommy and daddy a big house one day…

Kidcash

So often it seems that kids think money just materializes for anything they want. How do you teach them about the effort it takes to earn money? Enter KidCash: an awesome new product recently launched by a talented friend who is also a working mom of two toddlers. KidCash helps incentify good behavior with a rewards system that mimics our cash system. You can use your kids’ normal allowance to give them paper cash in the form of:

1) Savings cash: teach your kid how to save for bigger ticket purchases.

2) Device cash: limit their device time by making them earn it.

3) Candy cash: this one’s not my favorite since I hardly ever let Zen have candy, but it is a great way to limit the amount of candy if you are more liberal with their food choices.

4) Activity cash: make them earn their trips to Coney Island and the Zoo.

5) Gift cash: my personal favorite and a great way to get them into the giving mind set.

But wait, that’s not all! You also get bonus bounty and violation tickets. Bonus bounty are rewards when you are working on something specific that needs special attention (like potty training). Violation tickets are exactly what they sound like – money is taken away when you exhibit bad behavior. This is a great way to work on those 3 year old tantrums!

KidCash comes with a bank book too, so you can give your kids a peek into how spending and saving works in the real world. Teaching them the principles of earning and saving money gives them a needed real-world perspective.

She’s made a beautiful physical kit that is only $39 + free shipping. But you can also print the kit for free! She’s also made a pledge to give back to charities, help support local businesses and schools. So please support her by sharing this great product with a friend or two!

 

About Suzanne

Suzanne touts an MFA from Southern Methodist University, an Online Marketing specialization from more than 8 years of heavy lifting, an honorary "best mommy" award from her son Zen and a NYC triathlete completion certificate. She is a women's rights activist and humanitarian, believing in equal rights for everyone.
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