You can start as soon as your child's old enough to understand that different things cost different amounts. But be consistent. If the rule is that they have to save up for a certain thing, don't give in or you'll be defeating the object of the lesson.
Link pocket money to jobs around the house - even little ones can do this. Have a basic rate and then add a bonus for small tasks. As they get older, increase the amount they receive.
Dorothy Rowe, psychologist and author of The Real Meaning Of Money
More help and adviceHow to teach your kids the value of money
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