My son (who is 11) is making money making and selling cookies with his friend. He makes about 5-7 dollars a week.
A) leave him alone and let him put all the money in his wallet (minus expenses for cookie dough) – he’s spending only on candy and soda (all his other needs are taken care of by us and he has no big “wants” right now to save up for)
B) require him to put some in savings and charity (ie a percentage or dollar amount)
C) allow him to decide what to do
D) something else