MOOKs, pocket money? piggy bank?

[Deleted]

Does your older child have a money box/piggy bank?  Do they get allowance?

Ninja's post about too many toys got me thinking about this.  DS1 is 4 and we just started with a money box for him.  He collects our bottles/yogurt containers/cartons and we go to the recycling depot once a month and they pay cash for them, he gets to keep the $.  It's 10c per item.

And our rule is, we don't buy him toys but twice a year (his b'day in May, and Christmas)  In between I buy him clothes if he needs, and he can have new books.  But no toys.  If he wants toys he has to save up with his money box.  He's currently saving for a new Lego item.

What system do you have for your older kid?
This is new for us, and I'd like some ideas.

(Disclaimer: DS1 doesn't know how to count money yet, but he is starting to get the concept that things cost money and he has to save it up.)

I just REALLY don't want to raise a spoiled child.
Thoughts?  Suggestions?

[bigapple]

I like your current system. Kids, you can save the Earth AND get toys! So much winning.

[livinreality]

We did a piggy bank and chore chart last spring when I was teaching him what I expected each day of him (bed, teeth, dishes, dog help, shoes, toys, etc). But now that he is "trained" we don't do it, he really had no interest.

For desired toys I normally buy the toy then put sticky notes of desired behavior/ chore, like he wanted a planes movie thing the cost was 5 good days so I put 5 sticky notes saying good day on it and when all the sticky notes came off he gots the toy. He needs something very visual and able to see the toy, he is not quite to the point of thinking ahead other.