Kids and Money

Growing Responsibility, Mistakes yours and theirs, Routines, Tips & Tools

Contributed by Jody McVittie

Do you have questions about how to teach your children about money? When do you start allowance? Do you link it to chores? How much do you give them? How do you teach generosity? The simple answer is that YOU get to decide. Here are some suggestions – and you get to choose how to make it work for your family.

Why give children allowance? To teach them how to make mistakes with money. That sounds funny but it is a helpful thing to remember when your child wants to buy a small toy that you …

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