My daughter loves slipping crisp bills into her purse. On a recent outing, we stopped for lunch and when the check came, she announced, "I'll pay! I'll pay! It's MY treat!" At four, her cash flow comes more from her dollar gifting Grandpa then from accomplishing chores. That's not to say that she doesn't pitch in a hand around the house, but at this stage in the game we aren't doling out an allowance or teaching her financial responsibility.
Do you give your kids one?

My babe is too young to even walk yet, but when she is older she will earn an allowance. I think the money will start around 8 or 9 but the "chores" will start before that. When she is old enough to tidy her own toys and make her bed I will have her do it, so she learns that you just do those things regularly. WHen she gets older she will have her official chore, I have been doing the dishes since age 7, I used to have to stand on a stool to reach the sink!
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