Chorepay helps teach kids financial responsibility (Nordstrom Gift Card Giveaway)

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So here’s something you probably don’t know about me.  When I met my husband, I had credit card debt.  Lots and lots of it.  You know when credit card companies go to college campuses and give a tshirt or a frisbee for signing up for the card?  I think I signed up for all of them.  Sadly, I can’t even say I had a ton of fun incurring my debt.  It paid for things like tuition, books, gas, food, clothing…not even one spring break trip.  It took me YEARS to get out of that mess. Years.  I was already working on it when I met my husband, but it took I think 3 years after meeting him to pay it off in full.  It isn’t that my parents didn’t teach us the value of a dollar- they did- or they tried anyway.  I just had no concept at all of what I was doing, and hey, that card has polka dots! How cute would that be in my wallet next to my confetti credit card?  (In retrospect, the confetti should have been from cutting the cards up, but I digress).  I will note that we DO live debt free (except for our mortgage) and we pay off our credit carD each month.  I would like to pass on my more recent financial habits than my previous ones to my children.  I have no doubt in my mind that my wonderfully patient husband agrees wholeheartedly.

Thanks to sites like Chorepay, parents like me who would like to teach their children about the value of a dollar have tools to help us.  Sure, my kids may learn things the hard way like I did…but maybe given the right tools and ways to practice from a young age, the kids will be informed, educated and understand that even if they have the money for something, doesn’t mean that they need to buy it- or maybe they’ll realize if they save a little bit longer, they’ll get an nicer/better quality item.  Choreplay lets you decide with percentages what children’s earnings can go to- spending, saving and donating.

Chorepay is fun for kids- they can create their own avatar, and they can create a wishlist for what they want (which is great for holiday time for gifts…but also gives them goals to save for).  They can create their wishlist from the “mall” and see what an item will cost them and  how much they have to save in order to pay for it.  This alone can go a very long way in teaching kids the value of a dollar- they may save for something for 6 months and realize once they have all that money saved, that hey! I’m not sure I want to spend all that money on this one thing, what if I find something else I’d like more?  The life lessons and skills learned in saving for a goal are so important.  They give our kids the tools they need to be able to function in the “real world.

One thing that I really like about Chorepay is how much you can customize it to your own needs- yours, your childrens’ and your family needs.  You don’t even have to do monetary rewards– my children are younger, so offering them $1 for doing xyz isn’t always going to mean a lot.  Taking them for an ice cream cone, or to the movies on a date with mom or dad, alone?  That’s some serious incentive around here.  The customization features of this program make it a great fit for kids who need and thrive on routines and schedules.  Parents even have the ability to comment on chores completed.  Positive reinforcement can go a really long way with kids!

Chorepay is working toward making Chorepay.com  a community and not just a checklist for chores. They want it to be interactive, so that users can be able to  ask questions and give/receive  feedback to/from other parents, and not just the folks from Chorepay.

I’m finding that with the technology and gadgets in our daily lives, apps and programs like Choreplay are becoming front runners in organization of family matters.   I know that I will turn to tools like Choreplay more and more as my kids get older and their wants and needs become more complex and more expensive.  I find Choreplay to be a great match for how we value and reward chores in our family.

What ways do you teach your children about finances?

One reader will win a $50 Nordstrom Gift Card from Choreplay!

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About the author: I’m a 30-something mom to three, brand ambassador. content creator, social media maven, blogger extraordinaire, earth lover, butcher, baker, candlestick maker (or something along those lines) – love word games, crafting, cake decorating or shooting pictures.

197 comments… add one

  • I learned that each parent can create a unique wallet

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  • How much is shipping and how long will my order take?
    Free ground orders

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  • I learned that kids can earn money for doing chores and donate it to charity.

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  • You can create chores that have no monetary reward, but assign “stars” instead.

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  • I learned they have a tell your parent

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  • Kids earn money by doing chores & tasks.

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  • You can choose whether or not to assign monetary values to chores on ChorePay.

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  • with a free ChorePay account, you and your family create profiles, set up chores, and assign them a cash value.

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  • You sign in with a facebook account.

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  • Hopefully It will teach my kids the value of a dollar.

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  • I learned alot of great ideas to help teach my child how to save.

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  • My girl is still very young, and I learned that positive reinforcement is more rewarding for her than a treat.

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  • I learned that kids can donate their money to charity.

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  • I like that they include rewards and not just money.

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  • I learned that kids earn money by doing assigned chores.
    austma7@aol.om

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  • I learned that you can use star rewards for small chores!

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  • I found out kids can spend, save or donate their earnings.

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  • This is a great way to teach kids about money

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  • Have a teen? That’s such a formative time of life, as they try to find their own way and establish who they are and what their personality is, the parenting challenges are compounded. Our free tool also provides incentives to motivate teens to be eager to complete chores. Finding unique ways to implement our Star system when creating chores is another way to create allowance rewards.

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  • Wow, I wish they had this when I was younger. I learned that with a free ChorePay account, you and your family create profiles, set up chores, and assign them a cash value. Once a child has completed the chore, money moves from your profile to theirs. They can save for a rainy day, make purchases in our market place or become young philanthropists and donate to charity.

    Thank you for this giveaway!! =)

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  • I learned that kids can create a wishlist for items they want to buy.

    mmacaluso333@yahoo.com

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  • I learned that kids earn money by doing assigned chores and this app keeps track of everything.

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  • i learned it is free

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  • i learned it has a charitable donation aspect!

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  • I learned that there are over 1500 items in the marketplace on chorepay

    kport207 at gmail dot com

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  • there is an app!

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  • I learned there are Over 1500 items in the ChorePay Marketplace

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  • I learned that it can answer all the questions I have, for example how much to pay an 8 year old per chore

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  • I like that kids can learn about donating and it is free

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  • I learned that you can set up a chore reward list without monetary rewards

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  • i learned there’s over 1500 items to choose from at the marketplace

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  • i learned that your children can also donate what they earn to charities

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  • entered your Kindle Fire giveaway

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  • I learned that the ChorePay account is free

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  • I learned that there’s an option for kids to donate, which I just love!

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  • I learned that you can keep a savings or rainy funds for your children

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  • ChorePay account is free and Chorepay has mobile app to use as well.

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  • I love this site! What a neat idea to teach my son about financial responsibility! Unfortunately I am in the CC debt you spoke of and would love to try this site to help him avoid this as an adult.

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  • That it will be interactive!!

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  • love that they earn something tangible!

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  • I learned that the children can set goals and do research into how much something will cost and how long they’ll need to save for it!

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  • It’s nice there’s an interactive community for users.

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  • I learned that the Benefactor role is ideal for relatives and friends that may live out of the area.

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  • The first thing I learned is the fact that I did not know anything like this even existed! Reading their FAQs, I learned that you can use a monetary reward or star reward. This is great.

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  • its great they can either spend chorebucks or donate.

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  • Since I’d never heard of it, I learned lots. I like that the rewards don’t have to be monetary. My kiddo is also too young to understand an abstract concept of $1.

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  • I learned there are Over 1500 items in the ChorePay Marketplace

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  • i learned a lot its A free online tool designed by parents for kids. Kids earn money by successfully completing agreed tasks and chores. my kids could def use this!

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  • Ii learned that by playing with this online tool, kids earn money by successfully completing agreed tasks and chores.

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  • sadly……I need a lot of help in this area. I have not really taught my daughter anything about money as evidenced by the “I wants” from our last vacation and the fact that she can’t say thanks for any of it…..I”m really going to check this out……..hopefully I can stop the gimme’s. Thanks for the chance!

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    • Ah, we get the “I Wants” too. The gimmes. Sigh.

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