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Infants, Toddlers, & Preschoolers
Reply to "Please tell me about your child's spend save share piggy bank (take 2) "
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[quote=Anonymous]We start allowances at age 5. My kids have three Mason jars. One for spend, one for save, one for give. They are 6 and 8 and each gets $6 a week, on Saturdays. Three dollars goes into the spend jar, two dollars in the save, and one dollar in the give. They can use their spend money however they want, but they buy all their own toys and junk from the school store with their own money. We only buy toys at Christmas and birthdays. The save jar is not designated for a specific purpose at this point, it is just to instill in them the concept of saving and deferring wants over needs. The can use the give money any way they like, as long as it is to do something for someone other than themselves. Last Christmas, they used it for Toys for Tots. [/quote]
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