How does it work?

My Kids' Money is a book that guides the parent through the conversation and processes necessary to equip their children with a solid foundation in basic money management concepts. The book, worksheets and other tools provide the framework, the parents provide the values and time.

Saturday, April 10, 2010

Motivation - What really get results?

So I was checking out Dan Pink's blog today, and there was a post about motivation that I find fascinating.  The bottom line is that the positive impact we have on the world is a far more effective motivator than most/any others, like money or the other perks that corporate America comes up with.  Want to read the post?  Click here: Dan Pink's Blog.

So why bring this up?  Well, last week Miranda pulled some cash out of her Giving Account for a fundraiser at school to benefit cancer research.  I have not asked her about it, but I am willing to bet that she gets way more out of making these decisions for herself than if I told her where to donate the money.  I'm also guessing that being in control of this makes it a lot less painful for her to set aside the money.  Based on Pink's little experiment, she may even enjoy it!

Oh, and I think financially savvy kids are generous kids who make a positive impact on the world around them.  That alone makes this project worthwhile.

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