You can help children learn to earn, spend, save or share money.
Children learn to manage money through experience.
Try including all family members in making decisions about money. An example of this may be to involve children in the decision to buy a television. Giving an allowance offers the opportunity for you to discuss saving and spending money with your children. By deciding together how much the allowance will be, what it is to be used for, and what chores are expected from the child, you can make a big difference in how children will handle money when they are older. Never use money as a reward or punishment.