Kids Should Be Paid for Good Grades Essay

Money can be a motivation to encourage students to study hard. The students will feel that their effort is worthy when they are remunerated. Compensation for children’s good grades can also nurture children’s concept about money. And the last, parents can refuse their kids’ unreasonable request of purchasing and let them earn it. In general, kids should get paid for good marks. First, if kids get paid for good grades, they will be motivated to get high marks. As they grow up, their demands on variety things will increase as well. However, their parents will not always satisfy their children’s needs with everything. At this point, some children might be disappointed because they cannot get what they want even though they attain good grades. For instance, if a child wants an iPhone and the parents refuse the request because it is too expensive, the child will concentrate on the iPhone rather than study hard. Instead of saying â€Å"no† to the child, the parents can reward good grades so that the child will maintain good marks in order to buy the phone. Of course, when the child has enough savings due to good performance, the child will eventually received what he or she desired. Thus, money can be a great incentive for children to study hard. Second, children will form financial concepts about the real value of money. They hardly know the purpose of money except it could be used to exchange with the goods they want. They did not know the value, power or even the amount of money. The perception of kids about money would probably be â€Å"money comes out from mommy’s or daddy’s pocket. Therefore, paying children based on their grades allows them to know the concept of â€Å"all pays deserve gains. † Kids will soon realize that money comes from their effort and is for good reasons. Third, due to the modern society that we live in, kids are attracted by lots of fancy and luxury products and they might have unreasonable demand. Parents can refuse the unpractical demands of their children. The children will not unde rstand their parents since they are immature. In order to establish a balance between â€Å"buying what they want† and â€Å"they cannot have it†, paying for good grades is a better solution. If kids get paid, they will keep studying hard. Paying for good school work does not only benefit the children, but also the parents. Kids will be motivated by the appeal of money, while their knowledge of finance will be developed simultaneously. In addition, kids will understand that they harvest what they plant. Therefore, kids should get paid for their good marks.