Whether your child is satisfied or not with the choice, he or she will have a valuable learning experience. Saving Children can start saving at an early age. When your child doesn't have 50 cents to buy a candy bar, teach him or her how 5 dimes or 10 nickels can be saved to get the 50 cents. Don't urge young children to save large amounts for some purchase in the distant future. If the time between wanting and getting is too long, they will lose interest in the item, and the lesson in saving for something may be lost.
Time means very little to children.
Next week may seem like a year away to a young child. Sharing When your preschool children have money to use as they wish, occasionally suggest the possibility of spending it for something that can be shared with all or some of the family or the youngster next door. Accept with pleasure the things your children want to share with you. The youngest of several children may especially need a little help to keep from feeling that he or she is too young to share. Also, an only child may be too eager to spend and too afraid to share.