See today's blog post on an article from USA Today discussing CEOs and their thoughts on paying their kids cash as an incentive to earn good grades--the majority thought it was a good idea. In the article, it conversely mentions that only 15% of principals think it's a good idea.
What are your thoughts on the subject? Do you (or would you) give money for good grades?
When I was in the early years of elementary school, my report card was given a "value." As in, yep, that's worth a new baseball glove or nope, that's only going to get you a box of erasers. As I got older, the individual grades were given a monetary value ($5 for an "A," $2 for a "B" and so on--don't remember the actual values). By the time I hit high school, the monetary incentives stopped, but my good school habits had long been established.