As a mom, there’s never just one job that you have to cover. It’s an endless barrage of task after task after task that can be overwhelming.
So, it makes sense if you can create a system that helps you feed two birds with one seed. Right?
What if you could help your kids with the following habits: doing chores, managing their money, and becoming more civic-minded by donating to charity? And it’s possible to do all of this with one system.
One System Can Teach Kids Three Healthy Habits?
Like a lot of parents, I’ve created a chore chart as a way of tracking if my kids do the things they’re supposed to for their weekly payment. This can be a combination of chores they’re expected to do as being part of the family such as brushing their teeth and cleaning up the sink after themselves to those that go above those expectations.
Each time they do a chore, they place a chore stick into their bin so I can track if they’ve done what they are supposed to. This means it makes them responsible for their own actions. I simply ask how their chores are coming and they have a tendency to self-regulate without me nagging them about getting their work done.
What makes this system great on multiple levels is that it accomplishes several things.
First, it builds healthy habits. No one is going to be standing over them when they get out on their own checking to see if they’ve done the dishes or swept the kitchen. They need to learn how to self-regulate and monitor their own behaviors. So, it’s important to teach these healthy habits at an earlier age before they get released into the real world.
Build Healthy Habits
It teaches them the importance of working for money. If they don’t do the chores, they don’t get paid. This instills in them that they have to earn what they get and not just have it handed to them. The amount of personal responsibility this gives them is amazing.
Earn Screen Time
Another thing it provides my kids is the ability to earn screen time. No one wants their child turning into a mindless zombie, but we also don’t want them completely shut out from the amazing technology that this generation is in love with.
My kids don’t get screen time during the school week. But they complete their chores in order to earn weekend screen time. This makes them appreciate earning their time and it also means they value the time that they do get.
Teaching the Healthy Money Habit
Now, every family is different, but in my house, we give our kids $10 a week for completing their chores. We have a bank system they use to keep track of their money. Each week, I give them the $10 and they have to decide how much they’re going to put into each of three “accounts”—spend, save, and give away.
The spend section is obvious—the amount of money they want to use right now to buy something like snacks or a small toy. The save account is where I teach them to delay gratification. Sure, they might want a really expensive item; but they have to learn to wait weeks or even months to earn enough money to buy it themselves. But the real difference is the “give” account—this is money they set aside to donate to charity. This instills in them a desire to help others. But it also gets them to see beyond themselves and donate to charities that they want to give to.
Best Part of the System is The Communication
I love being able to sit down with them and have them explain their thought process on how much to spend, save, and give. It allows me to check in and see how they are learning healthy money habits.