When did you start explaining money to your children ?

Accidentally posted too soon.

We had an old fashioned sweet shop in the village and from about two or three I would take them there on a Friday morning, give them 10p each and they would have a lovely time working how many sweets they could get; flying saucers, cola bottle, penny chews all the old fashioned sweets. Then DD saw a train jigsaw in the Post Office next door and wanted it and I told her it cost £1, and if she could save a 50p, I would pay the rest, then Grandparents came and gave them both 20p, and she went without sweets for three weeks for the rest.

We still have the jigsaw. Things just went on from there.

It just happened.

With my kids, since they started asking for things (2 years old or so), in age appropriate terms.

When today's children are adults I can see it being a mostly cashless society.

It would be better to teach them about debit cards there is one that does that called goHenry.

I've known children who, when mum told them she hadn't got any money, said "Well just go to the hole-in-the-wall and get some more!" ?