I'm wanting to teach the kids about money, and budgeting. What pocket money do people give their kids? Ages 7 and 10.
I would organise a list of chores that they can earn some money from, and at that age, they probably often ask for games and toys. Allowing them to earn money to put towards a specific game or toy (or going halves etc) teaches them about saving - and goal setting. | 04.26.11 @ 12:18