In her July “5 Things To Try This Month” newsletter, Gretchin Rubin writes:
“A Happier with Gretchen Rubin podcast listener wrote in with a parenting hack: Offer a choice to children, even if it’s a small choice, such as going to bed at 7:30 or 7:34. Like everyone, kids want to feel some amount of control over their daily lives.”
That tiny bedtime choice may seem silly, but it taps into something profound: kids crave a sense of control.
Not only does a stronger sense of control make kids happier, I believe it leads to better learning outcomes and more effective habit formation as well.
With that in mind, what are some financial choices we can give our kids while still setting appropriate boundaries?
Here are seven examples: