If you're like most parents, then you're clear about two things when it comes to teaching your kids and teens money:

• You will NOT send your child head-first into the real world without knowing a lick about managing a paycheck (unlike the sendoff you got as a young adult)
• You know which way you want your child to get money (either Team Allowance or Team Chore Commissions)

But there’s a disconnect between the Money Lessons you want to pass onto your children, and the ways your child gets to interact with money – there's no clear strategy.

And a half-baked (though well-intentioned) way of getting money into your child's hands can lead to:

• Your child spending all their money as soon as they get it.
• Your child lacking motivation to save for anything.
• Your child buying ridiculous stuff that they later regret. 

That's where a Kid Money System comes in.

A Kid Money System (KMS) is:

how you get money into your child’s hands, and the Money Responsibilities, Boundaries, and Rules that money comes with. 

And deciding between allowance or chore commissions? Is only a small part of this (in fact, I’d say it’s the most insignificant part).

Hint: EITHER system works, and you can build your Kid Money System around whichever is based on your Money Values (another topic we cover).

You’re going to take your current Kid Money System – the collection of one-off earnings, occasional holiday/birthday money they get, and whatever rules you've established – and make it consistent, intentional, and with a real purpose in mind.

Note: This is a digital product. You'll be given a link to download to enjoy immediately after purchase! Worksheets need to be printed out for you to use.

Note: This is a digital product. You'll be given a link to download to enjoy immediately after purchase! Worksheets need to be printed out for you to use.

When you’re done, you’ll have a one-page summary of your personal Kid Money System plan outlining exactly what you need to do, plus a roadmap for how to tweak your system as your child develops and your family’s needs change.

And the whole thing should take you about an hour. Because I've included some SWEET options for you to pick and choose through, in alignment with what you want in your own system.

Did I mention there are bonuses? (I did, but now I'm going to take a moment to geek out on them)…

The results are in: Parents AND kids are loving this.

Sondra, Mother to a 7 & 9 year old boys, says,

“A week or so after I got the allowance plan kit from you, we used it to develop our plan. It was really helpful! We'd been on the dole method since they were born it seems. They'd see something in a store, and we'd buy it (and be frustrated that we said yes) or we wouldn't (and often deal with the whining that resulted). With our new allowance plan, they get an allowance of $7 per week plus we do something between Chore Commissions and Consultant-Based Earnings. That is, if I need help with something that I don't want to do at the time or don't have time to do at the moment, I make an offer and we negotiate. Of course, not all of our kid money problems are solved. Next, we'll build in other lessons like…saving for a rainy day, giving to others, etc. It’s so nice to realize how far we’ve come!”

Note: This is a digital product. You'll be given a link to download to enjoy immediately after purchase! Worksheets need to be printed out for you to use.

You know teaching your kids and teens about money is very important. I'm here to help.

What would change for you AND for your child if you took just 1 hour today to put into place your entire Kid Money System? I'll tell you one result: you could start watching as your child self-discovers those Money Lessons you had in mind for them.