Ask HN: Startup Idea Feedback – Pocket Money for Learning
>Observation — What’s the problem?
I observed at a family friend’s house (Tech executives/40s/both parents working) that they maintain a point system with their 12 yo. son to track and incentivise him for completing his homework, which the child can then trade for screentime. I never had such a thing growing up, but found it interesting. My understanding is that the abstraction of points helps in two ways — incentivises child with a tangible short term rewards (opposed to delayed gratification otherwise) & acts as a unit of child’s efforts for busy parents (opposed to making child curious for every new concept)
>Idea — What’s the idea?
Pocket money for learning — Parents can set learning goals (based on efforts required — Eg. [Trig Identities, Beginner, 1 week]) and a $ reward for children, we provide the practice regime for the child, parents track the progress and the child gets rewarded with pocket money upon completion of the goal.
>Ask — What are your thoughts?
1. Where are you from?
2. Do you have any children between the ages 10-16? If yes, then continue
3. How much time does one of the parent spend teaching them per week?
4. When do you teach/help your kid? (Child asks for help OR regularly scheduled teaching time) If you don’t, why not?
5. What are the challenges in teaching your child? (syllabus/time/child’s motivation etc.)
6. How do you reward your child for completing learning goals? Do you have a system? If not, why?
7. If you can set and track learning goals for your child, would you reward them monetarily for completing their goals? (Or in any other tangible form, e.g. screentime/amazon gift cards/takeout food etc.)
8. Anything else you would like to share
Look forward to hearing your feedback! :D
PS — I’m from India, parents are usually involved very much in children’s education here, but the idea of pocket money is still mainly on an as-need basis. Would love to find out what’s the case in other regions.