Should you pay your child for good grades?

Back in the day, a good report card got you a pat on the back. Now, it could mean money in your pocket.

CHARLOTTE, NC — The kids are back in school and their first report cards will be here before you know it. Getting paid for chores is one thing, but what about grades?

 

Some parents are paying their kids money to do well in school, but experts are saying that can easily backfire.