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Originally Posted by BigV
I have known parents that used cash as an incentive for grades. I think the key point for me would be to pay for performance, that is, grades, and not just clockin' time grindin' out the homework. If he's so smart, (I say tongue in cheek), and you're open to the idea, start a conversation with him about it. Maybe you don't have to pay in dollars, or maybe he could earn cash but have to pay cash for something else he used to get "free".
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That's totally the angle I would use--if he wants to get paid for doing homework, he has to also pay you for cooking him dinner and cleaning the house and maybe even pay rent on his room. Being an adult means being an adult.