[Snoopy2645]

I give my oldest almost 11 $20 every 2 weeks so its $10 a week I give it to her every 2 weeks cause thats when I get paid. I make her take out the trash & help with laundry clean her room & sometimes the basement which is kinda a family room/toy room & she helps with her sisters who are 5 & 2.

She uses her money to go skating & one time she did buy a savings bond. I am trying to use it to help her learn to budget she knows if she spends $20 on that day it will be 2 weeks she will be broke so I think its teaching her life skills ya know I also like the ticket idea above poster mentioned. We just started this a few months back but it working well I think 11- 12 is a good age to start learning about money because soon they will be working heck they could be babysitting very soon ya know so I think its important to learn about money before they are making alot & not knowing what to do with I know I was making $150 a week at 13 babysitting.