The Best Dollar(s) that I’ve Ever Spent
A few weeks ago I taught my son to ride his bike. After too many episodes of running up and down the street holding onto his seat while trying to teach him how to ride, I finally wised up. We live on a slight incline and I told him that he needed to practice coasting down the hill with his feet out to the side in order to learn what it feels like to balance on a bike. I soon noticed that he was actually getting pretty good. But instead of trying to right himself whenever he started to tip, he’d always take the easy way out and simply put a foot down on the ground. It was clear to me that he just needed a little nudge to get over his trepidation. So I made him an offer that he couldn’t refuse.
I offered him a dollar if he could coast to the end of the cul de sac without touching the ground. And after just one try, I owed him a dollar. Next up was learning to pedal. I briefly explained to him what to expect when pedaling without me holding on. I then offered him another dollar if he could pedal to the end of the street. After a few false starts, he rode off and earned his dollar. But whenever he got to the end of the street, he would walk his bike back up the incline so he could start again. So I made him a final offer: ride back up the hill for a third (and final) dollar. After a couple of tries, he got the hang of starting of uphill, and he rode right back up to our house. Since that time, we’ve hardly been able to get him off his bike.
So… The next time you need to teach a kid to ride a bike, think about paying them off. Unorthodox? Maybe. Effective? Definitely. Three bucks beats the hell out of running up and down the street endlessly, and it was a lot more empowering for my son to essentially master this on his own.
Published on May 3rd, 2005 - One Comment
Filed under: Family & Life
email this article
- add to tip'd - stumble it - digg it - bookmark it
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
Related articles...
» What Would You Do With a Million Dollars?» Carnivals – Week of 07/10/06
» Santa Dollars and Bunny Bucks
» From the Archives (April 13th – May 3rd)
» How Much Does a Million Dollars Weigh? (Revisited)
» From the Archives (June 24th – June 30th)
» One Year Ago This Week (December 3rd – December 9th)
» From the Archives (April 29th – May 5th)
Was this article useful? Please sign up to receive our content via e-mail:
Great deals...
Readers’ choice...
Recent articles...
- Did Congress Make the Homebuyer Tax Credit Retroactive?
- Congress Extends $8000 Homebuyer Tax Credit, Adds New $6500 Credit
- Lending Club Update - October 2009 Performance
- How Much to Budget for Car Maintenance?
- Series I Savings Bonds Now Paying 3.36%
- Use Weight Loss Strategies to Get Out of Debt
- Weekly Roundup - Disney Shanghai Edition
- How to Save Money on Vacations
- Most and Least Reliable Cars - 2009 Edition
- Get 100 Free Trades from OptionsHouse Brokerage
Recent comments...
- Penny: I am about to purchase a new home.. which will be my new residence...
- APRIL DAYS: I FOR ONE HOPE THAT THE FIRST TIME HOMEOWNERS TAX CREDIT IS EXTENDED BECAUSE...
- JB: I drive a 1999 car and save $60 a month for car repairs, oil...
- Greta: My significant other and I bought a house in February 2009. My boyfriend...
- Jay: Don't forget nCleaner 2nd for turning off widows firewall and windows defender...also use the...
- Bryan: @Doug - you said it... if you simply delayed the closing, it would have...
- Sympathetic Dish TSR: @ Bonnie: Is your HD tv a Flatscreen LCD style? If so then a...
- John DeFlumeri Jr: Thanks for explaining the tax credit. Too bad for those who purchase in...
Most talked about...
- Dave Ramsey is Bad at Math
- $8,000 Homebuyer Tax Credit
- Dish Network Customer Service SUCKS
- How to Claim the First-Time Homebuyer Tax Credit
- $15,000 Homebuyer Tax Credit
- Reduced Credit Limits? Share Your Experience
- Would the "Fair Tax" Gut the Economy?
- Tax Stimulus Rebate Payments to Start Early
- Pay Off Mortgage Early? Or Invest?
- The Best Online Savings Accounts (Updated!)
- Life's Too Short to Drink Cheap Beer
- $7500 First Time Homebuyer Tax Credit
I learned to ride a bike this way…
worked great!
Comment by Todd Derscheid — Jun 4th 2006 @ 3:55 pm