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

I much prefer working with kids whose life could be completely upended by a reading of a book over a weekend. You give them a book to read - they go home and come back a changed person. And that is so much more interesting and exciting.
Russell BanksRead
I had never seen a white teacher before, but Mrs. Henry was the nicest teacher I ever had.
Ruby BridgesRead
If you want to be a writer, you have to write every day... You don't go to a well once but daily. You don't skip a child's breakfast or forget to wake up in the morning.
Walter MosleyRead
Most organizations see young people as problems to be solved. We see young people as problem-solvers.
Craig KielburgerRead
If we don't stand up for children, then we don't stand for much.
Marian Wright EdelmanRead
In reading, we are both scientists and poets.
Maryanne WolfRead

A little wisdom, now and then

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