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My kids are about to lose their jobs
Thursday, February 14, 2008

When my kids were younger, they would often ask for toys whenever there is an opportunity. I would gladly give to it to them sometimes, until the time that they started schooling, when I started teaching them the value of money.

I started it with Raymund. One day when he was asking me for money to buy a new toy, I felt then that he was already ready to learn its value. So I told him that money need to be earned, that one needs to work for it, that having it because of your own efforts makes you learn to value it more.

He then started thinking for a way to earn, and so he came home one day with a compromise. He asked me if I could pay him Php 20 for every perfect score in his quizzes, Php 100 in minor subjects and Php 200 in major subjects for every perfect score in his major exams. I gladly agreed though I know that I'll be spending more because even before we went into a compromise, I've known Raymund for getting perfect scores in his exams. With Php 20 for each quiz, he regularly receives Php 60 to Php 80 per day, and he is really enjoying it. He would go home disappointed if there was no quiz for that day. "Walang kita", he would often say.

My younger one, Ralph, was just an spectator for several months until he also decided to join. The growing savings of his brother motivated him.

It is now barely a month before the school year ends. Though several quizzes will still come and there is yet one major exam, my kids are already thinking for an alternative way to earn.

I am pretty sure that I was able to drive home my point. Since the time they started earning, they never ask me again for additional money, and they never pushed me to spend unnecessarily thinking that it would only go to waste. When they want to buy something from their savings, they would ask permission from me, and I would let them decide. Oftentimes, they will not pursue because as they say, they would not "let their hard-earned money go to waste."


posted by Amelyn R. Rafael,MD @ 10:28 AM   0 comments
About Me

Name: Amelyn R. Rafael,MD
Home: San Fabian, Pangasinan, Philippines
About Me: Family Physician, and Associate Professor (Clinical Anatomy and Medical Physiology)
See my complete profile
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