I’ve paid all three of my kids for good grades many different ways and times throughout their school years. But, I can’t say it ever resulted in better grades.
My son, now a senior in high school, would never push a 78 to an 80 just to get some extra cash.
My oldest daughter, now a 20-year old junior college student, had mostly good grades whether I paid for them or not. In high school, she jumped on the honors and Advanced Placement (AP) classes and the ACT study guide because they helped her accomplish her goal of becoming a college volleyball athlete.
Once, I promised my middle school kids $20 for every “A” on their final report card. But, that didn’t help either daughter, both “C” math students (even with a tutor), get an “A” in a difficult subject for them, so they felt worse. I probably should have set a more realistic goal. And, paying three kids for all those “A’s” got expensive, so I was also broke that month.
A 2012 survey for American Institute of CPAs found 48% of 269 parents with kids in school, not only paid their children an allowance, but also paid them for good grades.
The average reward for an “A” was $16.60. Seems I overpaid, too.
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