Giving an allowance, paying for chores, offering money as a reward for good grades: Are these successful parenting strategies? How to help children develop a healthy relationship with money is up for discussion in this month’s Science of Parenting podcast from Iowa State University Extension and Outreach.
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I really enjoyed your interview. The comments were very valuable and the concepts will definitely help children develop a good relationship with money as well as learn to become personally responsible over time. It would be wonderful if all parents could hear this while our children were still pre-schoolers.
Thank you!
Nancy – I’m glad you enjoyed the interview. Developing a good relationship with money is one of those life skills that can be learned early and used for a lifetime.
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