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.
Your child doesn't want to do something? Tell them that either they can do it, or they can pay you to do it. Tell them you'd be more than happy to get them dressed for one of their Candy Dollars.
Explain to them that in real life, we pay people to perform services for us but if we can do it for ourselves, then we can save our money for other things.
This is where you pay them immediately after you witness something you want to reward. The reason you would do this is to create a larger impact. This can be especially useful when you are getting them over the friction of a new or difficult task.
This is where you want to be for a good period of your beginning with KidCash. It helps create a daily habit of going over the day with your child face-to-face. You give the review and then give out allowance afterwards. You can also go over the goals they are reaching for. Deliberate daily points at which these helpful conversations occur are the most important as their personalities are shaping in early childhood.
Congratulations! You're child fully understands what they should be doing to continue to get allowance. They also understand that days can pass without being paid but their daily activities are still being registered and recorded for their weekly reviews. They know that how they've progressed through the week affects the buying power they have when they need it the most.
There are two kids and only one smart tablet? Ask them which one wants to pay more dollars to get it first. Then set a time limit and teach them that they could have saved money by being patient.
This is when there's a specific currency or reward set for a specific action. Maybe you're awarding activity dollars for each time you see them making an extra effort in soccer, or you're using left over device dollars they've saved by refraining from the tablet for a specific game.
My grandfather used to always tell me to pay myself first so this is a great strategy if you want to teach your kids how to save. Simply have them put some of their money to the side either every time they get paid or once a week. Let this pile of side cash save them when they need it most.
Danielle D. says...As a teacher, philanthropist, wife, and mother of a 12 year old boy with Aspergers...I can honestly say that KidCash is truly a blessing! Growing up, my son struggled with fairness and motivation to accomplish daily tasks. He...read more
Rolf L. says...This is the most innovative, ingenious, and NECESSARY tool in our upbringing arsenal! KidCash teaches our son discipline, the importance of earning and saving, the value of work, penalties for not following the rules, and overall structure. AND IT'S FUN...read more
Christina K. says...My LO is 3 1/2 and at first I thought she may be too young for Kid Cash. I am happy I started using it anyway. It is working wonders for us. She looks forward to saving "cash" for items. She is learning the valu...read more
Tre H. says... The KidCash system has been amazing in our home. The children no longer "nag" for things...the change was basically overnight...read more
Karen E. says...This kit has all you need to teach kids how their actions translate to money which in turn buys things/activities they want. Many people wait until kids are older to teach dollar-sense, when in fact kids as young as 2yo are...read more
Patrick H. says...In our home, we use many reward systems, especially since we have an autistic child. KidCash is so much more than a reward system, it is a parent education system. This ...read more
Bethany Stout. says...We love our KidCash system in our house! Instead of making limiting junk food and device time a negative experience, it has made it fun and easy! I highly recommend this program to anyone with ...
Melissa says...KidCash sets the foundation for us to build off. Really, it's almost like behavior therapy for M2. Her therapists have suggested various things in the past that KidCash helps us to incorporate and apply more...read more
Maria C. says...As an educator and a mom, I can’t begin to describe to you how important it is to teach children how to be financially responsible early on and to encourage them to make...read more
Ashley says...We’ve instantly seen an improvement in attitude. She’s also so excited about her cash, she even brought it to the restaurant and when she ordered lemonade, she “paid” the waitress. I’m hopeful...read more