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