We have started discussing when to start the girls on an allowance. We know it's important to teach them good money management. We are teaching them to save money, but not to spend it. When we are shopping we talk about how much things cost. We talk about how Mommy and Daddy work so we can buy things, and they can attend dance lessons, preschool, etc. We know they are getting some basic money management skills, but we don't know if we're ready to leap to an allowance.
I keep going back to this MSN.com article "5 money lessons for preschoolers." We are trying to instill some better money management techniques than we have. Apparently, we're on the right track. It's a scary track, though. I don't know if we're right or wrong, but I know we'll keep working on it.
We're still debating an allowance, though. I think we're closer to a solution, but not quite ready to implement it today.