Money is very important to live life. In the world today, where we live, the clothes we wear, what we eat, health care, education, childcare, insurance, and many others; All require money. You will agree that it can be very challenging to do well in life without knowledge of money that works.
Maybe, this could be the right reason why a mom of Florida decided to teach her son various aspects of money, charging the 7-year-old rent, electricity for the room, internet, and other bills. Take it to Tiktok, the mom shared a video, and in it, She explained that parenting hacking because it included the last two months had succeeded.
This mum revealed she charges her seven-year-old son for rent and other bills.
“I have 7-year-old son. He has a list of daily tasks that he must complete every day. If he completes everything on his task list, he gets paid dollars. At the end of the month, he realized that he had a bills to pay. He pays those bills to me. He has a rent, he has electricity for his room, and he also has an internet for iPad. Mother with the username @Craftdandcozy said.
Take it to Tiktok, @CrafDandcozy explain the hack of parenting and say it works with a miracle.
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The 7-year-old has a list of tasks that he has to complete on a daily basis. Once done, he gets $1 per day.
She added that her son understood that throughout the month, he had two buckets – his ‘fun’ money and his ‘bill money; Therefore it depends on his responsibility to categorize the money and where he will put it in the bucket before the end of the month. “I did nothing with the money, but put it back to the savings.” Mother insisted.
His duty included brushing his teeth, making his bed, and putting his dirty clothes in the laundry.
“It has taught him the value of a dollar and responsibility. I’m so pleased with the results. Hopefully, it’s something that can help you out as well. Essentially, yes, he is paying the bill. It’s worked wonders in my household. It may not work in yours, but he’s paying himself. That goes to his savings, which he’s gonna get one day.”
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The boy pays $5 rent per month, $2 for electricity, and $2 for WiFi, meaning he ends up with $21.
The mom stated if she sees he’s challenged in some areas, that goes on his task list the following week.
“So here’s his task list, we’ve got: make the bed, brush your teeth, clean your bathroom, place your dirty clothes in the bin. If I see that he is challenged in any area, for example, if he comes out of the bathroom, dropping The towel right next to the hook towel, it happened to the list of tasks next week. His bills: rent $5, electricity $2, WiFi $2. Total bills: $9.”
“I’m very happy with the results, hopefully, it is something that can help you out as well.”
@craftdandcozy noted her son’s bills are in total just 30% of his minimum income and that they haven’t run into the problem of him not paying his bills. She concluded: “But I truly can say what I believe I’ll do, is give an extension for the next month and then have that conversation at that time.” The video has since gone viral, but not everyone feels the parenting method is incredible. But as expected, many applauded the mom for teaching her kid vital life skills.
So far, the parenting method has left the internet divided – Many applauded the mom for the life lessons.
But a few people claimed her son is too young to put through such
