My oldest turned 10. 10! Double digits. We have had a lot of conversations about money, saving, working and buying things based on value. But all our kids know 10 is when you get to enter the grown-up world of money in our house.
Up to this point, my kids have been earning money 3 ways.
Doing small chores around the house: laundry, dusting, cleaning the bathroom, ect. A small side business: 2 years of selling extra duck eggs when we had ducks. Working with us on renovation/rentals: clean-up crew, lawn care, and construction helpers.
All three of those are critical foundational skills. Learning to do tasks for money. Learning about business. And learning skills that add value to others.
Now we enter a new stage for our oldest: The Stock Market!
This is like voodoo magic for him. You put your savings in there, and it grows. Right now he