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I started my kids in kindergarten, $1 a week and I charged them 25c tax-that went into a jar that was then cashed in and used for souveniers on vacation.
For each grade, they got corresponding allowance, ie; 3rd grade, $3, 4th, $4, etc.
Unfortunately, times being what they are, that ended midway thru 6th grade, but by then they knew how to take care of their money and think out what it is they want when they have it.
The spouse didn't like that I did this, but seeing how they respect what it takes to save for what they want and make decisions if what they want is worth it, he acquiesced a bit. I will say my daughter is more spontaneous with money-my son thinks it all through.
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Don't blame me. I didn't vote for either of'em.
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