Dean Javier, 4, places money in labeled money jars to help him organize his money, while his mother Melanie Jane Nicolas looks on. Fifty percent of gifts and allowance money go into the living jar for wants and needs. The rest is divided equally among the jars for financial freedom (investments), savings, education, play and donations.

Mark Black | Staff Photographer

Jardeleza Javier, 9, and her sister Jayden, 5, put money in their labeled money jars. Their mother, Melanie Jane Nicolas, believes kids should start to manage their own money as soon as they understand the difference between a want and a need.

Mark Black | Staff Photographer

Dylan Javier, 6, and his sister Jardeleza, 9, divide their money among their money jars. The children do extra chores to earn more money.

Mark Black | Staff Photographer