My daughter loves slipping crisp bills into her purse. On a recent outing, we stopped for lunch and when the check came, she announced, "I'll pay! I'll pay! It's MY treat!" At four, her cash flow comes more from her dollar gifting Grandpa then from accomplishing chores. That's not to say that she doesn't pitch in a hand around the house, but at this stage in the game we aren't doling out an allowance or teaching her financial responsibility.

Do you give your kids one?