We want our kids to have a healthy attitude about money. We never want them to confuse net worth with self worth. The problem is we don’t have the script. So what I do, is open up the conversation and not have money be the biggest secret in the family and start talking about it and make it part of your daily routine.
Regarding grades, money is only the result of work. It’s not for good behavior. It’s not if you get good grades. You don’t just get paid as a worker if you behave through the day…you earn it!
It also creates tension between siblings because my parents paid for good grades for my brother because he was struggling but not for me, they said I did not need the incentive.