Months ago, I cut up a bunch of Sunday newspaper coupons and had Kellan use them as money for playing. Even now, when he sees coupons he calls them money. He definitely has more of an awareness of money. He loves putting coins in his piggy bank, and thanks to his dad's unending supply of loose change in pants pockets, laundry days are a bonanza.
Recently, when I told him we couldn't buy something because it cost too much, he demanded to look inside my handbag. Who needs a piggy bank when you've got mom's purse? I know he's only three, but I wonder what age is the right age to earn an allowance. It seems like a good opportunity to teach the concept of managing money, but maybe preschool is too young?Do you have any thoughts on the appropriate age and the right amount for allowance?