My students range in age from 3 to 15 and all of them are excited about prizes. I reward most students with Cat Coins, but for the younger kids who still like dollar store stuff, I have a little prize box. I don't have to spend a ton of money on the prizes in the box, because the little ones are excited to get any prize at all.
I have discovered over the years that Valentines and Easter are the best times for filling my prize box. Walmart is filled with cool, non-candy, "little kid stuff" around these times, so I can spend $40 and have enough prizes to last the rest of the year.
And to save even more money, try going to the store the day AFTER Easter or Valentines day where everything is reduced by 50% or more!
Two sisters on two continents - working together, teaching together and creating super resources for group piano lessons! Yay! These are resources we used in our in-person group piano lessons. Now we have created online-versions of everything to keep our students loving their lessons.