Comments on: Try This Tuesday #34: Teaching the Value of Money http://www.5minutesforspecialneeds.com/1089/try-this-tuesday-34-teaching-the-value-of-money/ Support. insight. and inspiration for parents of children with special needs Thu, 09 Feb 2012 11:16:27 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Trish http://www.5minutesforspecialneeds.com/1089/try-this-tuesday-34-teaching-the-value-of-money/comment-page-1/#comment-70121 Trish Wed, 11 Mar 2009 21:47:26 +0000 http://www.5minutesforspecialneeds.com/?p=1089#comment-70121 Maddy - well, we still have whining but at least it's not about buying him stuff every single day! Sheri - thanks so much for your input. I love that he has to pay for the things that affect the family economically. :) Danette - sounds good, I really appreciated your insights about sharing info regarding your children. Maddy – well, we still have whining but at least it’s not about buying him stuff every single day!

Sheri – thanks so much for your input. I love that he has to pay for the things that affect the family economically. :)

Danette – sounds good, I really appreciated your insights about sharing info regarding your children.

]]> By: Danette http://www.5minutesforspecialneeds.com/1089/try-this-tuesday-34-teaching-the-value-of-money/comment-page-1/#comment-69830 Danette Tue, 10 Mar 2009 16:53:23 +0000 http://www.5minutesforspecialneeds.com/?p=1089#comment-69830 Great topic, since I don't have any experience w/ teenagers maybe I'll post our suggestions for teaching about money next week :). Today I posted about helping community teachers (church, extracurricular activities) help our kids. Great topic, since I don’t have any experience w/ teenagers maybe I’ll post our suggestions for teaching about money next week :) .

Today I posted about helping community teachers (church, extracurricular activities) help our kids.

]]> By: Sheri Rouse http://www.5minutesforspecialneeds.com/1089/try-this-tuesday-34-teaching-the-value-of-money/comment-page-1/#comment-69784 Sheri Rouse Tue, 10 Mar 2009 13:23:14 +0000 http://www.5minutesforspecialneeds.com/?p=1089#comment-69784 My son has Fetal Alcohol Syndrome and an IQ of 51. We began a chore chart with his allowance. He has 3 chores daily and 3 behavior goals. Each sticker is worth a nickel. The chart makes columns of 20 so he can see when he earns a dollar. He can also earn extras for good behaviors or extra chores. He cannot buy just anything with his allowance and has to have a goal to save for. That goal can change, but has to be something that he has to save for. There are things he does that impacts our water and our heat bill, we are trying to teach him that this costs money. If he turns up the heat to desert condition, he owes me $1.00. If he gets mad and leaves the water on in the sink, he owes me $1.00 for the water bill. If he destroys things he pays for that too. If he unrolls a roll of TP because he is mad, he pays 50 cents. etc. Last night he broke his "crocs" I JUST bought him at a resale shop. He had yo go cross that money off his chart right then so that he got the consequence. So far it has worked. He has only had to pay for the heat twice! We used to struggle with that DAILY! My son has Fetal Alcohol Syndrome and an IQ of 51. We began a chore chart with his allowance. He has 3 chores daily and 3 behavior goals. Each sticker is worth a nickel. The chart makes columns of 20 so he can see when he earns a dollar. He can also earn extras for good behaviors or extra chores.

He cannot buy just anything with his allowance and has to have a goal to save for. That goal can change, but has to be something that he has to save for.

There are things he does that impacts our water and our heat bill, we are trying to teach him that this costs money. If he turns up the heat to desert condition, he owes me $1.00. If he gets mad and leaves the water on in the sink, he owes me $1.00 for the water bill. If he destroys things he pays for that too. If he unrolls a roll of TP because he is mad, he pays 50 cents. etc. Last night he broke his “crocs” I JUST bought him at a resale shop. He had yo go cross that money off his chart right then so that he got the consequence.

So far it has worked. He has only had to pay for the heat twice! We used to struggle with that DAILY!

]]> By: Maddy http://www.5minutesforspecialneeds.com/1089/try-this-tuesday-34-teaching-the-value-of-money/comment-page-1/#comment-69694 Maddy Tue, 10 Mar 2009 04:25:27 +0000 http://www.5minutesforspecialneeds.com/?p=1089#comment-69694 Incessant whining! I thought that was only around here ;) My daughter has the value of money wade off well and good. So well that she can persuade her brothers to chip in on joint ventures. The value of money is so abstract for my boys as the little golden plastic throw away piece of trash has the same value as a Nintendo DS. Wish there was a magic solution.....still there's always time I suppose [and compound interest!] Cheers Incessant whining! I thought that was only around here ;)

My daughter has the value of money wade off well and good. So well that she can persuade her brothers to chip in on joint ventures.

The value of money is so abstract for my boys as the little golden plastic throw away piece of trash has the same value as a Nintendo DS. Wish there was a magic solution…..still there’s always time I suppose [and compound interest!]
Cheers

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