Latest / Dr Justin Coulson's Happy Families
#1191 - Should You Pay for A's? The Pocket Money Debate
Should pocket money be linked to chores? What about paying for good grades? From savings percentages to spending rules, discover why traditional pocket money wisdom might be wrong, and learn a value-based approach that actually works. Plus, find out why regular money conversations matter more than any system you choose.
Quote of the Episode: "Money is just a store of value, and the conversation really should move away from money to how am I adding value in the world?"
Key Insights:
Pocket money should be independent of chores.
Paying for grades can decrease intrinsic motivation.
The Three…
The skinny
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