Challenge 3: Hire Me! Earn money!

Skills:

  • Find opportunities

  • Negotiate a deal

  • Deliver the deal

Pre-requisite: some understanding of money units. E.g. Two dollars can buy a cheeseburger.

Activity (10 mins setup, 30+ mins child working independently, 10 mins discussion):

  1. Create a list of jobs. E.g. House chores (beyond the usual daily chores), singing Happy Birthday to grandparents, babysitting siblings, etc.

  2. Propose the idea to your child:

    • "Would you like to earn some money?"

    • "Here are a list of jobs, or you can propose something yourself."

  3. Allow child to negotiate. As the person hiring, you can negotiate back.

    • You want to ask for clarity.

    • We recommend using SMART Goals format: Specific, Measurable, Attainable, Relevant, and Timely.

  4. Step back and allow your child to work!

  5. Celebrate with using the money earned on the next meal order!

  6. Discussion Questions (during meal time):

    • How much amount of work does it take to earn a meal?

    • What other jobs you can do?

Resources

How to Make Money as a Kid (10 mins read) https://selfsufficientkids.com/how-to-make-money-as-a-kid/

SMART Goals (12 mins read) https://www.mindtools.com/pages/article/smart-goals.htm

Tips for Parents:

  • Ideally, create a job that is real. Meaning: there is a real-world substitute and people working such roles.

  • Be specific on "the Job"

  • Use visual tools to uphold standards:

    • Clocks or timers for time

    • Pictures to show clean areas or desired outcomes

  • Uphold standards with an encouraging tone.

    • "You can do it!"

    • Celebrate effort

  • Have Fun. Share your experience with friends / social media!