1.2K views · 20 reactions | Wondering about allowances for kids?  Start small, keep it practical, and watch them learn money skills for life! #ParentingTips #Allowance #MoneyTips #Parenting #TheCashologists #TeachChildrenToSaveDay #NationalTeachChildrenToSaveDay | FNBO | Facebook

How I structured allowance for my kids? I started giving my kids allowance at 3 years old, and what I did was I had like a book, and it had like a column for date, description, debit, credit, and balance. And what I would do was I would write their allowance in there every single week, which had nothing whatsoever to do with chores. Every Saturday, I would write down their allowance, and then I’d show them the balance. They learned over the years how to save, how to spend, how to manage money, b