The Allowance Rules: Teaching Money Skills to Kids with ADHD

An allowance is a great teaching tool for a child with ADHD – if parents don't make the common mistake of using it as a reward for completing everyday chores.

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An allowance is a great teaching tool – if you don't use it as a reward for completing everyday chores. ADDitude Magazine

All children need to be taught how to manage their money - especially children who have attention-deficit disorder.

Money skills simply don't come naturally to kids who are impulsive, disorganized, or distractible. Fortunately, a weekly allowance is a great way to teach a child how to live on a budget and how to be a smart shopper. It's also a great tool for showing the vital importance of saving. And there's a bonus: A child who receives an allowance is less likely to nag his parents for spending money.

Next: Working Hard for Their Money...

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TAGS: ADHD and Money, Organization Tips for ADHD Kids, Teens and Tweens with ADHD

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