When is the right time to give your child pocket money?

When is the right time to give your child pocket money?

My eldest has just turned 3 and his interest in money is becoming increasingly apparent! My husband has a 'change bowl' by the side of the bed and recently we have noticed the levels of money in the bowl going down. Where was all the money going? It appears that my little boy has been taking money out of the bowl and placing it in a little 'money bag' in his room! I have since taken out the 'gold' and left the silver and coppers, but it has started me thinking when is the best time to start giving your child pocket money? I can't begin to remember when I started getting pocket money it was so long ago!

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