Where do you draw the line with kids and money?

[IanSomerhalderIsAGod]

Mine are still young but eldest is getting to an age (5/6) where some of his friends have pocket money.

At what age do you stop buying the little bits like magazines and treats and let them use spending money of their own?

And is it actually wise to let them use their own money on food items? The very last thing I want to unwittingly encourage is eating issues (which I have)

Started pocket money with our 5 year old. She does purchase absolute tat sometimes but when it falls apart/breaks then she understands the need to be more careful with what she spends her money on. Plus if she wants a toy I refuse to buy, she knows she has to save. Sometimes she'll want to spend the money before then, so I'll just remind her she will have to wait longer to get toy. Then she knows that the decision is entirely hers.
I used to have pocket money from around the same age and loved it. There's something about feeling proud you have purchased something all on your own. Plus it helps with adding up and understanding cost. It means she mostly doesn't take her toys for granted as they have a greater value.

She's 10. Haven't really stopped.

We teach her the value of money in other ways.

My 4 year old gets pocket money. He earns it by helping me do the housework and being good at school for the week. Only about £3 a week. Think it’s important to teach them the value of money from a young age as it teaches them math skills.