Giving Cash Rewards To Children – The Carrot and Stick Approach in Parenting
Should parents give their children cash rewards? In this post, we adopt a balanced view on whether parents should use incentives (cash or gifts) to motivate their children. Firstly, why do parents use cash to reward their children? I believe that every parent deeply loves their children and want the best for them. From a young age, it is common to see Singaporean parents plying children with extra curriculum classes. Such actions can stem from peer pressure or the insecurity of whether one is being a good parent (coupled with the typical Singaporean ‘afraid-to-lose’ mentality, and you’ve got a triple whammy!) Does this sound familiar? But Joey’s son is taking tennis, swimming and golf lessons! And he’s only five! Junior can receive little sweets or simple praises from time to time to acknowledge a job well done e.g. taking care of pets. Parents would usually prefer not to break the bank as children are already given regular allowance to spend on necessities. However, when school tests roll around and Junior prefers to play video games for hours, parents are pushed toward bigger cash rewards to encourage their children to focus on their studies and do their best academically. Rewarding children with money: The good, the [...]
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