For their 11 year old SAT's we told both our kids they can have £1 a whole level... so their is a financial reward for going well... but not a huge increase or decrease if their grades fluctuate...and the most they can earn is £15.
I think for O'levels it is more difficult to offer a reward because by that age a youth should be self motivated to do well.. and reaching the grades they are aiming for should be reward enough. So I think at that age I'd be more inclined to celebrate finishing each stage of education all according to our budget of course.
I was never rewarded or even praised for my exam results... it made me feel my achievements were unvalued even though I failed my 11+ went to a low achieving secondary school where I worked hard and left with 10 top O'levels so was top ever achiever at my school. Because I know it makes a kid feel so bad when no one cares how well they do at school I do like to show my kids I believe in them and value their achievements.
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yay!
