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

  • Love this creative idea!

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  • i.realle.need.to.win.please

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    • this is not going to count as the mandatory entry, please do as the instructions say.

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  • children can learn finances

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  • you can customize the chore pay for each age!

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  • Thanks for the giveaway…Chorepay is a wonderful tool to help teach your kids basic concepts of personal finance, an essential life skill !

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  • I like that it’s customize-able to each child’s/family’s needs.

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  • You can teach your child the value of a dollar! And have fun doing it!

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  • It enpowers children to show that work is rewarding.

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  • It empowers children to show that work is rewarding.

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  • I learned that money can also be donated to charity…nice.

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  • love the idea and teaches the importance of money
    ardelong2(at)gmail(dot)com

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  • They would like to build chorebuck into a community where people can interact with one another.

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  • I like that you can customized it to your child’s age.

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  • I learned that my kids could create a wish list to spend chore money on.

    kelleyc76(at)live(dot)com

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  • I learned you can customize it for a childs age and interests!

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  • I learned that kids can create a wishlist.

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  • I learned that you assign your kids chores and when they do them they get ChoreBucks, which they can spend or donate

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  • I learned that kids can use this to manage their money in a simple but effective way.

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  • I learned that kids can save, spend for things on the site or donate the money

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  • it can be customized for each child

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  • love the wishlist idea!

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  • i love that it can be customized for each child

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  • I learned that there was something called Chore Play and that the concept was bigger than just an allowance.

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  • It doesn’t only have to be for monetary rewards…I like that!

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  • I learned that Chorepay is a free service that will help parents schedule chores for their kids. It looks really neat!

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  • I learned that they can also donate their money to charity too through this site.

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  • I learned that I can create chores without a monetary reward

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  • learned that the kids create a wish list and something to work toward. Great idea!

    brich22 at earthlink dot net

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  • I like that its customizable and that kids and parents can tool it to their own needs.

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  • I like the fact that your kids can find about about the value of a dollar and budgeting money in a fun way.

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  • I learned kids like using it because they can create their own account with a wish list of what they are saving for.

    kerrie@mayansfamily.com

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  • I love that it can be customized to a child’s age and interests!!

    jessicaahays at hotmail dot com

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  • horepay as a way to teach kids to donate to charity. Also check children financial responsibility

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  • Kids can create a wishlist – thats cool

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  • You can customize it with your child’s interests.

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  • I like the personalization and we certainly do need to check children financial responsibility.

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  • The Kids can create a wishlist
    mightynaynay(at)cs.com

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  • I learned that you can add Guardians and Beneficiaries to your account.

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  • I like the fact that it is customizable to a child’s age and interests.

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  • You can use Chorepay as a way to teach kids to donate to charity.

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  • Kids can create a wishlist! Love that idea!

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  • I like that they help with the price for a chore and the kids can shop or donate

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  • I learned that you can use Chorepay as a way to teach kids to donate to charity.

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  • I like that it can be customized for children of different ages and that they can decide to donate if they wish

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  • I learned that you can set up chores without a monetary reward-they collect stars instead.

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