This article originally appeared on LearnVest.com.
So you’re shopping with your niece, when all of a sudden she makes a beeline for the Silly Bandz—again. That girl can’t save her allowance to save her life, you think. And you wonder if it’s your place to step in and say something. The earlier kids are schooled in responsible money management, the better. Then again, there is something to be said about learning from your mistakes, right?