These Parents Ditched Traditional Chore Money and Started Charging Their Kids For Snacks To Teach Them About Currency
Every single parenting method is different and I think we all just try to do what is best for our children. This is the story of parents who decided to ditch the traditional chore chart and chore money and opt for something unique and different…have the kids pay for snacks!
Kids Paying for Snacks with Chore Money
When these parents posted about their successful idea to charge their children for snacks based on their chore money, many parents have expressed concern and even seem to be upset over it.
Related: Chore list for kids
Parents D.L. Peavy and Erica Peavy posted their non-traditional chore chart on Facebook saying:
“I stoped giving my kids actual money it’s important that they learn the value of currency It works…”
They clean their rooms the they get paid every area of the house is worth money. Erica PeavyD.L. Peavy made everything $500 bucks
-Parents on FBWe don’t give our kids junk food regularly so they working extra hard
How the Chore System Works
1. Kids are Paid for Chores in Monopoly Money
So, the idea is that the kids complete the household chores and are paid in Monopoly Money instead of cash.
2. Kids Can Redeem their Chore Money for Snacks
The kids can then use the Monopoly money to pay for snacks that are worth a certain amount.
3. Teaching Kids Real Money Skills
These parents say they are helping teach their kids the value of currency.
Some parents find this idea genius while others are saying it’s wrong or they are just giving their kids junk food.
Variations of Snacks for Kids Money
I’ve seen other parents do this sort of a chore chart/reward system too. This dad even has amounts listed for tv and game time.
Real Money Instead of Monopoly Money?
As a parent, I like this idea but I also like giving my kids actual money.
In our house we teach our kids to save and spend. We also teach them to use their money to give to others. So, Monopoly money alone wouldn’t work for us.
What do you think? Is this a great idea?
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CLEANING SCHEDULE THAT WORKS FOR EVERYONE
OK, I am the first to admit that I didn’t love the idea of having a cleaning schedule where I had to do something specific on a certain day.
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MORE CHORE CHARTS & CHORE FUN FROM KIDS ACTIVITIES BLOG
- Pet chores for kids
- Teen chore ideas
- Allowance chore chart
- Printable zone cleaning lists
- Oh so many fun chore chart ideas
- Chore chart with money
What do you think of this chore idea for kids?
I love this idea but I’m a behavioral teacher who has a motivational system in my classroom.
To incorporate real money you could say each $500 is worth $5 in real money and they are able to trade it out as they want!
To take the at home motivational system a step further even, one could have a list of activities their kids could “purchase” with their Monopoly money. Such as, going to the movies is $2,000 or something….. more realistically $10,000 if their Monopoly money. ? This way kids can see the value of going out and doing fun things.
One could even have penalties for such extreme behaviors such as stealing or lying where kids need to pay back a set about of money in before they’re able to purchase snacks or activities again.
Hi, Mariah! Great ideas! Thanks for sharing!
I always said our kiddos should have a weekly allowance because they are part of the family and each member should have a part. They also had chores (daily, weekly, and seasonally) because each member of the family should do something that benefits us all. They could earn extra allowance by negotiating other tasks. And they were “fined” if they broke the rules – just like you pay a fine if you speed and are stopped by the police. AND, most importantly to us, they were taught that some was to tithe, some to save for short term spending you need to save up for like a toy, some to save for long term like college, and some to spend right now. It worked for us.
I love this!