There are a lot of life lessons that you are going to want to impart on your children over time, and some are certainly more important than others. One of the lessons that you are going to want to share with your children is the value of a dollar, which is something they need to know before they begin spending their own money later in life.
Understanding the Value of a Dollar
One way that you can teach your child to understand the value of a dollar is to allow your child to have some money that they can spend to buy their own clothing. For example, if your daughter wants a pair of Apple Bottoms jeans, then what you can do is give her an allowance and then allow her to earn the money necessary to make the purchase. Then when they have enough money to make the purchase, they will understand how much hard work went into earning that piece of clothing, they will have a much better understanding of how much a dollar is really worth.
When your children are able to buy some of their own clothing, you can teach them a lot about money and how it works. This is a great lesson to impart on them as soon as they start having clothing and toy preferences, and it is a life lesson that they can grow with over time as well, which means that they can continue to learn as they grow up and will handle money better when they are adults.