Loved this, Stephen. I plan to incorporate it in a PD I am doing on generational differences in the classroom and workplace, while sprinkling in our senior exit survey data. Motivation is a hot button issue today. There is also a tie to student choice in work, with how you gave your son the choice to change roles. Relevance is also always, well...relevant in education :). This generation wants work to have meaning, but they struggle to really define that. Thanks for giving me an added layer for my PD.
I'm reminded of some former neighbors. Their son would ask for his chore money in advance promising to mow the lawn on Sunday.... Sunday would come and be wouldn't mow and they just couldn't understand why he wouldn't follow through when he got his money the previous Friday evening. Fodder for your external rewards piece next week.
Good call. I can definitely use that example. We actually did the same thing with the trampoline we just bought. I issued the kids a bond at 20% interest to be paid back with their mini economy jobs over the summer. But not having the goal to work towards messes up the motivation and probably the economics lesson as well. Oh well, you live and learn. We wanted them to have the trampoline for the summer anyway.
This is the most fun economics blog I follow! I missed the boat with my own children, since they are adults, but going to share this with my daughter who has a 2 year old.
This was great!
Thanks buddy! I'm always afraid that therapists and counselors will say I said something wrong. Glad to have your endorsement.
Appreciate that.
Today l'll be introducing my subscribers
to a huge,p.r.o.f.i.t.a.b.I.e l.n.v.e.s.t.m.e.n.t Chat my 𝘁𝗲𝗹𝗲𝗴𝗿𝗮𝗺 👇🏻
Daysteph
Loved this, Stephen. I plan to incorporate it in a PD I am doing on generational differences in the classroom and workplace, while sprinkling in our senior exit survey data. Motivation is a hot button issue today. There is also a tie to student choice in work, with how you gave your son the choice to change roles. Relevance is also always, well...relevant in education :). This generation wants work to have meaning, but they struggle to really define that. Thanks for giving me an added layer for my PD.
Yesss! That's just what I was hoping. I learned a lot studying to write this series on motivation and chores.
I'm reminded of some former neighbors. Their son would ask for his chore money in advance promising to mow the lawn on Sunday.... Sunday would come and be wouldn't mow and they just couldn't understand why he wouldn't follow through when he got his money the previous Friday evening. Fodder for your external rewards piece next week.
Good call. I can definitely use that example. We actually did the same thing with the trampoline we just bought. I issued the kids a bond at 20% interest to be paid back with their mini economy jobs over the summer. But not having the goal to work towards messes up the motivation and probably the economics lesson as well. Oh well, you live and learn. We wanted them to have the trampoline for the summer anyway.
This is the most fun economics blog I follow! I missed the boat with my own children, since they are adults, but going to share this with my daughter who has a 2 year old.
"Most fun economics blog" sounds like a backhanded compliment! 😅
Nah, truly a compliment! As someone who talks about economics and finance every work day to clients, I like getting ideas to share with parents.