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- Experts suggest that you start
- an allowance as soon as the
- child begins to count. Start with
- a dollar a week or less until the
- child understands what money is
- for and can make a small purchase.
- As the child progresses, increase
- the dollar amount and the
- financial responsibility the child
- has with money. Before the child
- leaves home, he or she should
- manage all the money that is spent
- on individual needs. Their income
- may include the allowance and
- earnings from small or part-time
- jobs.
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