KidCash is as flexible as you are. We work hard to create as much value for you as we can dream up. Here are some of the different ways you can implement the system to get your creative juices flowing including our favorites, "The Reverse Psychology", "The Auction" and more.
To get them on board, you can seize moments when they perceive something as unfair to initiate a discussion about granting them decision-making power. For example, if they're in a toy store and request a toy, but the answer is no, and they become upset, it's an ideal moment to ask if they'd like to begin earning income. This approach introduces them to the concept of earning and making choices.
Introduce the system gradually, one piece at a time, until you've established a web of positive reinforcement, opportunities, rules, and rewards. Building it up step by step helps children understand and embrace the system more effectively.
Some parents to let their children take more of a lead. There's no wrong way to do this. Here, you explain the entire system to your children and then let them figure it out as they go along until they fully grasp it. Allow them to learn through practical experience.
This is another fun way to get them into KidCash. Simply make sure your home is stocked with an enticing treat to help them begin the habit of exchanging a dollar for something valuable. For instance, you could have a bag of Hershey's Kisses, and initially, you start with just one candy dollar each night. You can simply ask, "Who wants a Hershey's Kiss? Oh, you do? Do you have a candy dollar?" This approach eases them into the concept of earning and spending KidCash.
For parents who prefer not to keep track of individual dollars, this approach could be a good fit. Think of the dollars as tickets at an amusement park. Each dollar grants them the ability to do something, without concerning yourself with the specific dollar amount for each privilege. It simplifies the process and focuses on the experience rather than the currency value.
If you want to mirror the dynamics of money and get into the nitty gritty of how the real world works, this approach could be your top choice. You'll establish a value system based on real-world economics and your personal budget, where they earn real dollars more like a traditional allowance.
