We do pay a weekly allowance as long as they have completed their assigned daily chores all week. The amount is divided into three wallets (30% Save, 50% Spend, and 20% Give). The Save and Spend are denominated in Bitcoin and they use the Spend to buy gift cards on BitRefill. Give is denominated in dollars so they can be creative with their generosity without only finding Bitcoin accepting charities.
We also have a stack of chore cards that can be completed for additional income if they are motivated to earn more.
We talk a lot about stewarding our resources well, financial responsibility, and how we are “more blessed to give” to others.
We do pay a weekly allowance as long as they have completed their assigned daily chores all week. The amount is divided into three wallets (30% Save, 50% Spend, and 20% Give). The Save and Spend are denominated in Bitcoin and they use the Spend to buy gift cards on BitRefill. Give is denominated in dollars so they can be creative with their generosity without only finding Bitcoin accepting charities.
We also have a stack of chore cards that can be completed for additional income if they are motivated to earn more.
We talk a lot about stewarding our resources well, financial responsibility, and how we are “more blessed to give” to others.