We started giving our kids money to spend on a comic or similar at the corner shop as soon as they were old enough to handle it. From school age they had regula

We started giving our kids money to spend on a comic or similar at the corner shop as soon as they were old enough to handle it. From school age they had regular pocket money that they could save or spend. This was mostly not tied to chores, which were expected anyway, though we did give them opportunity to earn extra for doing extra chores when they were saving for something significant. From early teens we gave them a monthly allowance intended to cover clothes as well as spending money. I would say that they've turned out very good with everyday money and also very helpful about the house. They are all grown up now.