To Teach Children to Give, Tell Them How Much Your Family Has Been Given

Illustration by Allison Steen

Illustration by Allison Steen

If you want to teach your children about money, giving them an allowance is a great place to start. They’re going to need a place to put it, which is how the three-jar system came into existence: one for spending, one for saving and one for giving.

Almost every child understands the first jar and has a long list of things they want to spend money on right now. The save jar teaches patience, a concept that parents are constantly trying to reinforce in all sorts of ways.

But the give jar is more mysterious. Give to whom? And why give at all?

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shan palmer