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Disruptors

RANT: Mum Pays Kid £4.50 to do Chores Right or Wrong?

Disruptors

Rob Moore

Careers, How To, Business, Self-improvement, Society & Culture, Marketing, Investing, Education, Entrepreneurship

4.81.4K Ratings

🗓️ 22 December 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

Something that has both concerned and challenged Rob as a parent is how to manage pocket money and chores for his two children. He wants his children to be raised with an entrepreneurial spirit and with an understanding of hard work and money. Listen in to this episode to hear his thoughts on the subject! KEY TAKEAWAYS  Mum pays her daughter of 9 to do chores and for good behaviour. Some people disagree but if it works and teaches her about the world of work what is the issue? Perhaps the concept of rewarding good behaviour is good, but something like chores children should do anyway and this should be reserved for teaching them bigger lessons, such as paying them when they do something entrepreneurial.   BEST MOMENTS   “Traditional education with make you a living, self-education will make you a fortune” “The more valuable work you do the more the world pays you” [Business, mindset, entrepreneur, disruptors] VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Transcript

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0:00.0

Human beings do work on reward and punishment, carrot and stick.

0:05.8

This has challenged and concerned me for many years as a dad of two.

0:12.3

Now there's an article that's just gone live in the UK media,

0:15.9

where a mum pays her daughter, who's nine years old,

0:20.8

four pounds fifty a week to do chores.

0:25.2

And as someone who has written the UK's bestselling book on money,

0:29.2

called Money, well that's according to my publishers anyway,

0:31.2

maybe they're just trying to pump my ego, but that's what they say.

0:34.5

I'm also nearly 250 episodes in of my money podcast.

0:38.7

I have two children, ten and six.

0:41.2

I don't want to raise them to be independent,

0:43.8

entrepreneurial even if they don't become an entrepreneur.

0:47.6

And so I've often thought about this.

0:49.8

So please stay with me and let me know your thoughts in the comments.

0:53.0

I want to get a discussion going.

0:54.8

Let me first just give you the update on what this mother is doing.

0:59.3

So a mum who is a pharmacy support worker is paying her daughter,

1:05.2

who's nine years old, four pounds fifty a week to do chores.

1:09.8

So she pays her to tidy her room, put the dirty washing away.

1:16.6

And also this is an interesting one.

1:19.4

She'll pay her if she's ready for school on time.

1:22.6

Now any of you who are a parent will know that if you can get your kids ready for school on time,

...

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