http://ownthedollar.com/2010/02/giving-child-allowance/ Own the dollar....don't let the dollar own you. Wed, 25 Jan 2012 14:35:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://ownthedollar.com/2010/02/giving-child-allowance/#comment-13728 ctreit Mon, 08 Feb 2010 19:54:06 +0000 http://ownthedollar.com/?p=3057#comment-13728 Our two little boys get money now and then, but they don't get to spend it. They are too young to understand such an abstract concept as "fiat money" which is why they put all their money into a piggy bank. They do know that these coins are "money" - whatever that means. We think it is good for them to get the connection between money and saving at an early age. They'll learn soon enough that money can be spent very easily. Our two little boys get money now and then, but they don’t get to spend it. They are too young to understand such an abstract concept as “fiat money” which is why they put all their money into a piggy bank. They do know that these coins are “money” – whatever that means. We think it is good for them to get the connection between money and saving at an early age. They’ll learn soon enough that money can be spent very easily.

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