New Wells Fargo Study Finds Parents Use Money Rewards to Motivate Kids

SAN FRANCISCO--(BUSINESS WIRE)--A new study from Wells Fargo finds that many parents are willing to use money rewards to motivate their kids to achieve results. From good grades to positive behavior, parents say money is a key tool to incentivize, teach, and reinforce values. The study shows that nearly three-quarters of parents (72%) give their children money as a reward, with academic performance standing out as the top incentive for payment. Parents use money with purpose Parents are not han.