Comments on: How to Punish Your Child – Charge Them! https://www.moneyahoy.com/how-to-punish-your-child-charge-them/ Money Saving, Making Money, and Investment Ideas Sat, 24 Apr 2021 19:50:49 +0000 hourly 1 https://wordpress.org/?v=4.9.23 By: Derek Chamberlain https://www.moneyahoy.com/how-to-punish-your-child-charge-them/#comment-7117 Tue, 01 Apr 2014 18:36:11 +0000 http://www.moneyahoy.com/?p=2008#comment-7117 Zee,

You are right in that kids understand pretty quickly what money can be used for and how it’s important for certain things. It seems to be working so far. Thanks for stopping by!

]]> By: Zee https://www.moneyahoy.com/how-to-punish-your-child-charge-them/#comment-7109 Tue, 01 Apr 2014 16:44:45 +0000 http://www.moneyahoy.com/?p=2008#comment-7109 Kids definitely pick up on money being valuable really quickly. I like how you use it to transfer the importance of other things being valuable too. I hope it teaches them the responsibility that you are looking for. I know I would always check the doors if I was charged a dollar!

]]> By: Derek Chamberlain https://www.moneyahoy.com/how-to-punish-your-child-charge-them/#comment-7075 Mon, 31 Mar 2014 20:08:40 +0000 http://www.moneyahoy.com/?p=2008#comment-7075 Grayson,

No problem – good luck with it 🙂 It really does work wonders for both of our kids.

]]> By: Derek Chamberlain https://www.moneyahoy.com/how-to-punish-your-child-charge-them/#comment-7073 Mon, 31 Mar 2014 20:07:45 +0000 http://www.moneyahoy.com/?p=2008#comment-7073 Pauline,

That’s a great idea. We could have them put the punishment money into the “door closing” jar 🙂

]]> By: Derek Chamberlain https://www.moneyahoy.com/how-to-punish-your-child-charge-them/#comment-7072 Mon, 31 Mar 2014 20:06:58 +0000 http://www.moneyahoy.com/?p=2008#comment-7072 Brock,

Yes, I share your findings 🙂 We found that it was even more effective to take money away that he actually had vs. grant him less at the end of the week for the chores. At the end of the day, he still has the same amount. But, the psychological impact of losing the money that was “his” seemed to work better…

]]> By: Grayson @ Debt Roundup https://www.moneyahoy.com/how-to-punish-your-child-charge-them/#comment-7060 Mon, 31 Mar 2014 17:17:42 +0000 http://www.moneyahoy.com/?p=2008#comment-7060 I love this idea. I will use this when my son gets old enough to even make any money, like allowance. Thanks for the awesome idea!

]]> By: Pauline https://www.moneyahoy.com/how-to-punish-your-child-charge-them/#comment-7059 Mon, 31 Mar 2014 17:14:37 +0000 http://www.moneyahoy.com/?p=2008#comment-7059 How about buying a device that will close the door behind them?
Probably much cheaper than the heated bills and you can have the kids pay for it with their allowance so they learn to be responsible next time.

]]> By: Brock @cleverdude https://www.moneyahoy.com/how-to-punish-your-child-charge-them/#comment-7052 Mon, 31 Mar 2014 13:54:47 +0000 http://www.moneyahoy.com/?p=2008#comment-7052 I haven’t ever punished my son for charging him….but we dock his allowance when he doesn’t perform his responsibilities or gives us a hard time about doing it. It’s quite a motivator… 🙂

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