My son who is four years old, does not know about our financial situation and neither do I want him to. He’ll only be a child once and I dont want to freak him out, he doesnt need that.
But, it can be difficult to say no to things when I know that he would enjoy them. I have to balance our needs with our wants. It’s my job as a parent to provide for him physically, spiritually and emotionally and I take that job very seriously.
I have toyed with re-starting his allowance but I cringe when he wants to use his hard earned/delayed gratification/saving up his spending money dollars on a toy that will be tossed into his toybox with 24 hours. It feels strange to me these days.
But, I know that he’ll never learn about money if he doesnt have any, so I have decided to wait until he can at least count (pre-k or kindergarten?) his money before I work on these lessons. It’s not about learning the value of the dollar, because I’m still learning myself but he should at least be able to reason out why saving up for something is important in that it makes you make better decisions.
When you choose “coinies” over “dollars,” you’re obviously not ready. 
