It is important to make your children understand the importance of money by making them work for it rather than just handing them money. A mother had an arrangement with her thirteen-year-old daughter for the household chores. She would pay her daughter for the household chores. But with time her daughter wanted expandable money for the work she was doing.
Her mother was okay with it because her daughter was doing the work and that too perfectly a thirteen-year-old could. Later the mother discovered how her daughter was getting the work done. She found out that her thirteen-year-old daughter Anna was sub-contracting her eleven-year-old daughter Sue for the work and was splitting the money as the brokerage fee.
She got to know about it when one day she went to work and asked Anna to mow and tidy the lawn. When she got back home, she saw that the lawn was perfect. She did not know how to handle the situation and was surprised by her daughter. She went to Reddit and wrote: “Now I haven’t mentioned this to Anna, but I am uncertain how to approach it.”
She further wrote: “On one hand, the work got done and Anna paid her sister what was promised. On the other hand, Anna did not tell me how she did it, but I never really asked. She simply told me that she made sure that the yard work was done, and it did get done.”
“In a way, it was like she subcontracted the work to her sister or delegated responsibility. Part of me is kind of proud of how she handled it, but another part of me is wondering if she exploited her sister, despite the fact she paid her and Sue was alright with doing it.” After asking for advice, one joked: “Good thing you don’t have a third even younger child.”
A second said: “In all seriousness, start educating her about entrepreneurship, business, and management. She’s got a knack for it.” But others came forward with more serious suggestions, saying: “Tell Anna that you intend to save yourself £14 from now on and cut out the middleman and start dealing directly with Sue. Once Anna realizes she’s getting nothing she might start doing it herself.”
With discovering your children’s abilities and talents we need to provide them with opportunities and the right direction. Rather than pushing them into the already existing education system and practical world. If they can create something good and innovative on their own then what is the harm? It is important that they everything with the right motive.