The Allowance Jars and the Book Fair

My kids choose how to spend their money.

I have been doing “allowance jars” with my kids (ages 10 and 7) for years. They each have three jars: Spend, Save, and Give. They earn one dollar per week for every year of their age, so on their birthdays, they get a raise. One dollar must go in Give, but the rest is up to them.