I Know the Secret to Getting Good Grades. My Wife Insists on Keeping It From Our Kids.
Briefly

Offering financial incentives for good grades can motivate children while helping them balance the pursuit of rewards with the intrinsic value of learning. While some may feel that good grades should be their own reward, using incentives could lead to a genuine interest in academic subjects and awareness of future opportunities. This approach acknowledges that class can be boring and that motivation, whether intrinsic or extrinsic, is crucial for developing an appreciation for education.
Material rewards and incentives for kids are fine. Balance between doing stuff for reward and understanding the larger point of the activity is essential.
Studying 'just' for the money might eventually lead to a genuine interest in subjects and an awareness of the life opportunities that come with good grades.
Read at Slate Magazine
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