Your child will get an easy introduction to the value of charitable giving when you create a “giving box” together. Start with a coffee can, shoebox or other container. Decorate it and then decide which “event” merits a few pennies in the box. Some families add money to the box each time a positive event occurs in their lives, as a way of sharing their good fortune. Other families collect loose change in the box, or have family members make a small weekly donation from their earnings or allowance. When the box is full, decide together where to donate your money. Keep your giving box in a prominent spot, to keep the charitable impulse top of mind.

Talk to your child: Why is it important to share some of our money? There are many important causes – poverty, education and literacy, rescuing animals, protecting the environment. Which causes are you most passionate about?

Book to share: The Giving Book: Open the Door to a Lifetime of Giving by Ellen Sabin. Ages 4-8. This interactive book introduces children to the idea of philanthropy and giving back.