Last time I discussed the importance of chores and the impact they have on our kids’ emotional wellbeing. Today I want to talk about financially compensating our kids for their work.

Financial Compensation for Chores

As our children grow older they need to understand that there is a positive connection between work and reward. One way to balance this lesson is to first, determine the chores that are required as part of the family (like making the bed or taking out the trash). Then, determine a list of extra chores that you determine merit payment.

Ideas for Paid Chores for Children

Perhaps Junior would make dinner for a week as a paying gig! Maybe it’s painting the porch, cleaning out the gutters, pulling weeds, or washing the car. Regardless of the task, your kids will build a work ethic, grow in character, and have money in their pocket, all while preparing them to be real assets in the real adult world economy.

Image from Pixabay