She has a piggy bank and can count (however doesn't get pounds versus pence yet) but can't seem to grasp the concept of saving up her money to buy things; she quite sweetly tries to give her money away when visitors come to the house (!). I think because her main source of income is handouts from grandparents when she visits them. She sometimes gets stressed if I say 'I have no money' (meaning I have no cash on me and need to go to the ATM) and seems a little anxious about money sometimes.
Any suggestions of books aimed at teaching the value of money to kids - I'm not having much luck via Amazon or Google... And is it time for formal pocket money? Or too young?