Set aside three containers. The containers could be envelopes or something more firm such as a jar or box. Label the containers Share; Spend and Save. When money is received by your child, as gifts or from small jobs, help them decide how to allocate the funds for various wants and desires. Share funds would be for tithes and offerings. Maybe a social cause or someone who is in need. Spend funds would be for immediate purchases. Fun stuff, treats, movies or a personal item. Save funds are for future or bigger purchases. The Save funds could be used in combination with the Share funds for gifts on special occasions.
Money management ideas for children.
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