QuoteProject
I'm a big advocate of a work-for-pay setup rather than an allowance that isn't attached to chores - it's a great way to impart the value of money to your children.
Suze Orman
ShareWTF𝕏

Interpretation

What this quote means

Teaching children the value of money through work fosters responsibility and financial understanding.

This quote emphasizes the importance of teaching children the value of money by connecting it to hard work rather than simply giving them an allowance. By earning money through chores, children learn responsibility, the effort it takes to make money, and the significance of financial decision-making, which can prepare them for future financial independence.

Themes

MoneyChildrenResponsibilityWorkEducation

In practice

Example use cases

During a parenting workshop focused on financial literacy for kids.

More from Suze Orman

Many people are in the dark when it comes to money, and I'm going to turn on the lights.
Suze OrmanRead
Bad debt is sacrificing your future day needs for your present day desires.
Suze OrmanRead
We are all powerless as children, and money looms so powerfully... we don't grow up to claim our financial power until we look money directly in the eye, face our fears, and claim that power back.
Suze OrmanRead
Owning a home is a keystone of wealth - both financial affluence and emotional security.
Suze OrmanRead
Believing you are worthy of love means that you believe I deserve to be treated well - with respect and dignity. I deserve to be cherished and adored by someone. I am worthy of an intimate and fulfilling relationship. I won't settle for less than I deserve. I will do whatever it takes to create that for myself.
Suze OrmanRead
So many financial dreams are thwarted by the failure to act upon good intentions.
Suze OrmanRead

Similar quotes

It is easier to build a boy than to mend a man.
Mahatma GandhiRead
They told me that, as a woman, I'd never get into graduate school in physics, so they got me a job as a secretary at the College of Physicians and Surgeons and promised that, if I were a good girl, I would take courses there.
Rosalyn Sussman YalowRead
In a high-IQ job pool, soft skills like discipline, drive and empathy mark those who emerge as outstanding.
Daniel GolemanRead
I certainly wasn't seeking any degree, the way a college confers a status symbol upon its students. My homemade education gave me, with every additional book that I read, a little bit more sensitivity to the deafness, dumbness and blindness that was afflicting the black race in America. Not long ago, an English writer telephoned me, asking questions. One was, "What's your alma mater?" I told him, "Books.
Alex HaleyRead
I would counsel people to go to college, because it's one of the best times in your life in terms of who you meet and develop a broad set of intellectual skills.
Bill GatesRead
The future belongs to young people with an education and the imagination to create.
Barack ObamaRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.