What kids can learn about money at each age, a few real-money jobs to try, and how families often handle allowance at that stage. Every child is different, so treat these as ideas rather than rules.
Money is swapped for things. Coins have different values. Sometimes we wait.
Many families don't start an allowance yet; let them hold and count real coins.
Saving for something takes time. Spent money is gone. Prices differ between stores.
A small weekly allowance; some families use a dollar for each year of age.
Budgets, trade-offs, interest and the difference between needs and wants.
Let the allowance cover some of their own wants, like treats or game money.
Earning money, online spending, peer pressure and bigger saving goals.
A larger allowance that covers more of their own costs, like snacks with friends.
Paychecks, taxes, debit cards, credit and saving for after high school.
Many families move from allowance to earnings, with a clothing or monthly budget.
More in Allowance basics and Teach kids to save.