juliasecunho's picture  financial and kids  Hi everybody, My
name is Julia and I have 2 kids age 7 and 9. My kids are now
starting to ask me for extra money, I always give some money for
them to take to school, but now that their friends have an
allowance, they want it too. At what age do you think they
should start to manage their own money? Can you give some
advices on that?  mayamay's picture  If they want extra money,
they can do extra work. Taking care of their own stuff doesn't
get extra money, but cleaning and vacuuming the car or doing
other chores that benefit the whole family could be on a pay
schedule.  aupair4U's picture  It's definitely time for your
kids to learn about earning money and the value of the work
ethic. It's also a good time to teach them to save some of their
earnings. Saving is such an important lesson to include in
teaching your children about earning money.