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Money and Finances
Reply to "Cash Compensation for Good Grades in High School"
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[quote=Anonymous]My kids get $10 for straight As starting 1st quarter in 7th grade. Each subsequent quarter with straight As, add $10. This continues til the end of high school. If at anytime grades drop below straight As, they start over. However, if end of the year final report card is all As, then they get the money. So far, my oldest is starting junior year, still all As. She received $160 for last report card. My thinking is straight As may actually save us money if it results in scholarship money for college. Otherwise, we don’t give allowances, as all family members are expected to contribute to chores. DD uses her money to eat out/hang out with friends and never asks for spending money from us. [/quote]
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