We spend an estimated $3 billion on trophies every year in the United States and Canada. For that same amount, we could buy every kid in the U.S. four soccer balls or three books. Every public school in the country could get 122 Chromebooks.
Instead, we spend all that money on trophies, which aren’t even important.
What is important is for young people to learn that it’s OK to make mistakes and that losing is no big deal. In fact, some Olympic gold medalists have said that losing was the best thing that happened to them, because it motivated them to work much harder the next time.
Meanwhile, scientists who study praise and rewards have discovered that children who are overpraised by adults start expecting rewards for everything they do—even if they didn’t do anything to deserve them. Some kids even cheat or lie to make sure the approval continues. Researchers have also found
that when kids constantly get praise, some of them become overly confident and arrogant.