But it's important to note that offering a basic "earn-and-burn" points mechanism isn't enough in today's market.
A certified financial planner and consultant in Phoenix who has spent years hearing parents talk about how hard it is to get children to do chores or save money, Murset is the co-founder and CEO of BusyKid.com, an app that helps parents teach their kids the basics of earning, saving, investing and sharing.
This company's sales comp system was fairly basic: Reps earned a salary and a commission of around 1% of sales.
"Too many students," he said, "are graduating from high school with no understanding of the basic principles of earning, saving, budgeting, debt and investing".
Tope Chiedozie, an education officer for MyBnk, says such lessons are vital to help children understand basic concepts about earning, saving and spending before they leave home.
And they must monitor management to see that it pursues these goals effectively, including the basic objective of earning a reasonable income and keeping the company out of the bankruptcy courts.
Years later, following my basic education and earning a teaching degree in liberated French Alsace, I went as a very young woman, idealistic and very naïve to Algeria in 1955 to be in charge of a girls' school in the remote mountains of Kabylia.
Of those surveyed, 64.8% were basic rate taxpayers earning between £11,501 and £43,000, around a fifth (22.5%) earned between £43,001 to £150,000 and 1.6% fell into the additional rate bracket, earning more than £150,000 per year.
This provision will apply to workers earning basic salaries of less than ₹15,000 (US$2200) per month.
Even Americans with jobs are lacking basic financial security, earning wages that are actually shrinking when adjusted for inflation.
