Building a solid work ethic in your children in a society of entitlement can be challenging. The keys to motivating your kids to work hard may be more simple than you realize. Read the following tips for advice on how to help your kids grow into hard-working, responsible adults with an amazing work ethic.
Pay them for Doing Chores
An allowance system that’s not based on work can quickly breed a sense of entitlement and laziness in your children. Instead of an allowance system, financial expert Dave Ramsey recommends paying children commission for household chores. The commission system teaches kids that money doesn’t just magically appear in their piggy banks for no reason. They have to work for it. Some savvy parents have even come up with creative ways to get work done around the house, such as the clothespin chore system. Consistently monitor whether or not your kids complete their assigned chores and pay them or withhold pay accordingly.
Encourage Kids to Start a Business Venture
For older kids and teens, learning to earn money by performing work outside the home is the next logical step in building a good work ethic. You could encourage your child to start a small business. A young person who knows how to perform yard work tasks could start a lawn care business. They could mow, rake, and weed neighbors’ yards for a modest fee. Another option would be babysitting. Once they’re old enough to responsibly perform such tasks, your kids may feel a sense of accomplishment by engaging in business ventures.
Teach Wise Money Management
Learning how to manage their money wisely will help your child learn the correlation between hard work and sensible living. Set up a savings account so your child can save up for large, important future purchases, such as a car or higher education. Encourage them to save a significant portion of the money they earn. They can also learn the importance of giving money to a church or to charity. Then they can spend what’s left over on the things they enjoy, such as clothes or entertainment. Kids who learn to work for their money may be reluctant blow it on frivolous items.
A strong work ethic is an essential life skill parents should pass on to their kids. They’ll experience the satisfaction of being compensated for a job well done. Best of all, you’ll be preparing them for a bright, prosperous future.