It's Important To Discuss Ways For Kids To Earn Money

Oct. 28, 2009 - PRLog -- Parents will discover that it is a really good idea to explore and identify ways for kids to earn money before their children assume that any and every task deserves compensation.  Parents might find this quite challenging since they want to keep kids enthused about making money while maintaining that certain chores around the house are “family” responsibilities and are done without pay.

Nicole Clemow's Squidoo lens, Ways for Kids to Earn Money , http://www.squidoo.com/ways-forkidstoearnmoney makes this parental responsibility easy and rewarding for both parents and kids alike.  The lens takes a step by step approach on how parents can identify home tasks that kids can earn money doing while still meeting the criteria that certain chores are just expected for being a member of the family.  Ways for Kids to Earn Money http://www.squidoo.com/ways-forkidstoearnmoney also gives parents strategies they can use to:

●   Come up with money earning tasks that are age appropriate.  
●   Agree on pay rates that are based on the child's age and the difficulty of the task.
●   Help kids learn that time is money.
●   Help kids be efficient with their time and develop ethical work values.
●   Allow kids to make money by creating healthy competition.

The Ways for Kids to Earn Money lens http://www.squidoo.com/ways-forkidstoearnmoney has some invaluable information that will help parents teach their children ways to earn money in the home and the practicality of using time wisely.  In addition, it will enlighten them at a young age with financial knowledge that many adults never get, putting them way ahead of the curve.

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Nicole and Helene are the founders of Money Toolkits - an on-line school educating parents how to teach their kids the value of money. They are international authors and speakers and have written a new book "Teach Your Kids the Value of Money".