Interesting approach! I like it! I'm sure kids have better chances to become responsable adults in the future based on this method and similar others. I'll write down this idea for when we can implement it, later sometime.
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Thanks! I got the idea from a friend, who can very well buy every thing their kids ask for. But instead, he doesn't and make the kids "work" for what they want. I think when the kids would want to buy something from their own pockets, they will think first before making any step.