In the current economy, parents are increasingly aware of the benefits of their children learning vital life-lessons about money: earning it, counting it, saving it, donating it, and spending money wisely. What s the one tool that gives parents the ability to teach all of the above? The New Flip-Chart Edition of It s Only A Dollar Until You Add To It! Allowance Chart from Prosperity4kids. Inc. The allowance chart shows 7 days, Sunday through Saturday with plenty of space for static cling chores for the morning/afternoon chores children need to do on a daily basis. Combined with a Notes/Comments section for parents and children to write in special activities or reminders of the day with the dry erase pen (included). Plus a Goals, Dreams, & Desires page so children can plan and work towards special items they want to purchase. Re-useable chore list static cling stickers with such tasks as fold/put laundry away , feed pets , and brush/floss teeth plus extra incentives like Bonus Dollar Days!! and Mystery Chore make daily responsibilities easy to track and fun to complete. Same Routine stickers can also be used if nothing new is introduced. Stickers from 5 cents to $5.00 provide parents with a way to assign monetary value to each responsibility and teach children how money can grow right before their eyes. A thorough nine-step guideline explains how to best use the chart. Children will spend money 3 times as fast if it s their parent s money versus money that they have earned and call their own. Billionaire John D. Rockefeller knew what he was doing when he educated his children about money using the allowance system, says Mackey. Determine how much money you currently spend on your child for non-necessities per month, things like toys, games, videos, CDs, etc. Think of these as WANTS, rather than NEEDS and help your child to think the same. Then start out with that amount of money and allow your child to earn it.
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As an award winning author of the magical children s book Money Mama & The Three Little Pigs , creator of Money Mama the Smarter Piggy Bank, It s Only a Dollar and author of her parent s workbook Design Your Child s Financial Future, Mackey has made it her mission to design fun, engaging financial education products and resources for parents and children. Having two young children of her own, Lori understands the hardships of trying to teach your children the value of money, and simple concepts such as saving, investing and spending money wisely. Lori has co-authored a brand new Activity Book with ING DIRECT s Planet Orange which is set to launch in March of 2010. Lori writes monthly articles for FLIFE which is part of the Wall Street Journal, American Kid Times and several Parenting Blogs. Lori has received the iParenting Media Award for outstanding educational products in 2004 - 2006, and was selected by the Chaka Khan foundation, in conjunction with Pursuit of Happyness author Chris Gardner and the Bear Stearns financial firm, for The Money Mama series. Lori is a sought after national speaker and trainer working with INGDIRECT, MOPS, PTA s and private companies. Mackey has shared the stage with many well known authors and business philosophers such as Mark Victor Hansen, Jim Rohn and Jerry Clark.Review:
I've re-designed the girl's chore charts with the amount of money that they could earn and showed them a sample week of how much is possible for them to make. They are very excited and on top of marking off their charts. I love your product and have been telling everyone with and without kids about it. It is a great resource! I've learned a lot and I believe it will be a great learning tool for my kids now and for their future.Â THANK YOU! Patty --Customer
They look forward to receiving their allowance just to be able to distribute it between the little pigs! Thank you for the fantastic tool to help teach my children sound financial values. As an added bonus, my five year old, Savannah, chose to give HALF of her left over spending money to charities for children that do not have enough food. I am incredibly proud of her. Take Care, Nicole --Customer
They look forward to receiving their allowance just to be able to distribute it between the little pigs!Â Thank you for the fantastic tool to help teach my children sound financial values.Â As an added bonus, my five year old, Savannah, chose to give HALF of her left over spending money to charities for children that do not have enough food.Â I am incredibly proud of her.Â Take Care, Nicole --Customer
The Calendar reminds me of a typical reward chart but with a twist. There is a reusable page for each day of the week where you can write daily chores, behavioral goals, etc. There are stickers to use with words describing activities kids do on a regular basis. There are also fun stickers of money to help motivate the kids! The kids love it and get excited seeing the totals add up. --A Little Bit of This a Little Bit of That Mommy BLogger
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