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Neale Godfrey’s Allowance System Tutorial

Neale Godfrey’s Allowance System Tutorial

by Jesse Broome | Oct 11, 2018 | common-cents-activities

A foolproof method for teaching children to be wise about money, from Neale S. Godfrey, author of Money Doesn’t Grow On Trees: A Parent’s Guide to Raising Financially Responsible Children**.** This is the system I devised when I first began working with kids and...
Allowance Time! Follow The Four-Jar Budget System

Allowance Time! Follow The Four-Jar Budget System

by Jesse Broome | Jul 18, 2018 | common-cents-activities

​Your kids have worked hard and earned money; now it’s time to learn to save, spend and share their earnings.​Instructions:Get four (4) clear plastic jars or pouches and label them:Charity Jar = 10%Quick-Cash Jar = 30%Medium-Term Savings Jar = 30%Long-Term Savings Jar...
Citizen-of-the-Household Chart: Weekly Responsibilities For Your Kids

Citizen-of-the-Household Chart: Weekly Responsibilities For Your Kids

by Jesse Broome | Jul 18, 2018 | common-cents-activities

The “Citizen-of-the-Household” chores are responsibilities that everyone in the household is expected to do. For instance, my kids had to keep their rooms free of breeding diseases, and they didn’t get paid for that.Like countries, households run on concepts of...
Work-For-Pay Chart: Teach Your Children That Money Doesn’t Grow On Trees

Work-For-Pay Chart: Teach Your Children That Money Doesn’t Grow On Trees

by Jesse Broome | Jul 18, 2018 | common-cents-activities

“Work-For-Pay” is just that; your child will perform certain chores to earn money (via allowance). These allowance chores are over and above what is expected of your child as a “Citizen-of-the-Household.” (See the “Citizen-of-the-Household” activity and chart for more...

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