it is good to save, kids could also learn to record when they do spend, and how often. This information could help parents to judge whether or not their child could use a little enforcement on their money.
Parents and kids don’t get money from college from nowhere. School should be able to help with college tuitions. If kids get paid in school, they could save it for their college. According to Great Kids, The average student can earn $800 per year, and a successful student can earn up to $2,000. Also in Great Kids, it says “Parents are the driving force in their children's educational success. They’re hungry for information and guidance on how to support their kids and reinforce what they’re learning at school.”
One final reason why kids should get paid for good grades is because it will encourage them to work hard to get good grades. Money is important in kids lives because they can go to the movies,eat out, or buy games. New York City’s Spark program is one of the schools agreeing with rewarding money for good grades. A fourth grader can earn up to $250 a year, while a seventh grader can earn up to $500. Children should be paid for good grades because it could encourage children to get better grades, teach children how to be responsible with their money, and to help save for college tuition. These are just a few reasons why children should get paid for good grades, even tho there are many more.