We’ve been giving our homeschooled kids (9 and 12 yrs) $10 a week for a couple of years now. Nothing is required to “earn” the allowance. It’s been great for basic math kind of things, like “do I have enough to buy that?”, etc.
However, they are happy to spend their money on ephemeral in-game items; Minecraft worlds that are used once, holiday skins that are used for a day or two, etc.
I realize there are predatory practices to drum up emotional need to buy these kind of things, but it feels like they don’t value their money very much.
Feels a bit like UBI and, at the same time, what the deflationary future of a bitcoin standard could be for savers.
Anyone applying a value for value model for allowance?
How do BTC parents encourage their kids to produce value?
How do you educate your children about money?
I feel like I’m missing something fundamental.
kup / Nick Berlin
npub1vu…yppxp
2023-02-08 14:05:21
Author Public Key
npub1vu2e0qe0hqehep5w0rvaet9tp55qrvql90h0kjyla0kz98u8404qwyppxpPublished at
2023-02-08 14:05:21Event JSON
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"content": "We’ve been giving our homeschooled kids (9 and 12 yrs) $10 a week for a couple of years now. Nothing is required to “earn” the allowance. It’s been great for basic math kind of things, like “do I have enough to buy that?”, etc.\n\nHowever, they are happy to spend their money on ephemeral in-game items; Minecraft worlds that are used once, holiday skins that are used for a day or two, etc.\n\nI realize there are predatory practices to drum up emotional need to buy these kind of things, but it feels like they don’t value their money very much.\n\nFeels a bit like UBI and, at the same time, what the deflationary future of a bitcoin standard could be for savers.\n\nAnyone applying a value for value model for allowance?\n\nHow do BTC parents encourage their kids to produce value?\n\nHow do you educate your children about money?\n\nI feel like I’m missing something fundamental.",
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