Definitions and Solutions Collateral Something that is in place that can be withheld or taken away if agreements are not kept.  (Have relatives give you the money to be trustee of when they give money to your child, you can give it out as deserved or use it to fix broken windows, negligently or maliciously damaged property, late fines at libraries and video stores, etc.…)  Collateral accounts can be in the bank collecting interest for college or put aside for that special camp or trip your child wants to go to. Currency That material or non-material thing that motivates your child towards good citizenship and behavior.    These can be money, treats, trips, excursions and material rewards.  For others it can be praise, redemption, forgiveness, playing table games, outings, “parent-child” days, time on computer, cell … Read entire article »