Kid’s Allowance

So I’ve been wondering of late, should we give Chloe an allowance to help her understand the value of money just like we women need our women vitamins, it will come sooner or later. But at what age is the right age? as of today, Chloe had never asked for an allowance, neither had she talked about money too – nor begged for anything to be bought for her when we are out shopping. We definitely lucked in on that – that’s for sure.

She has a pretty good head on the shoulder too, because just last week when she lost her tooth and got a $5 from the tooth fairy, she only spent half of it – and put the other half into her piggy bank for her college fund. Yes, she said that herself – muahahahah!! We rarely spend a lot of money in front of Chloe nor do we make known to her that we can afford a lot of luxuries – maybe that’s the reason why she never asked for a lot. She seems like a pretty self – contented girl. So yes, which comes back to my question, since she never asked for an allowance – do i start her on it – just because we wanna teach her the value of money and give her a headstart?