Make them earn their monthly allowance
Create a concept of incentives along with the monthly allowance or make them
earn their monthly allowance. It may sound harsh, but it is not. Earning an
allowance can help them understand the value of work and money from a young
age. This way, they will also learn which wants they should really spend on. In
addition to that, they will learn to contribute too little tasks that you create. These
tasks can include helping out in the kitchen, cleaning up their bedroom, cleaning
the car, buying groceries, etc.