My DH and I have been "teaching" our son about money since he was old enough to hold it and give it to someone (buy stuff). We make him buy his "donuts", and what not. We also give him coins to put into a money bank, and we give him at least some of the money to give to the offering at church. He's still too young to know where the money comes from or why money is important (he'll be 2 next month), but he already understands that you can't get something out of a store without buying it, and you have to give something back from what you have. Both are important lessons for his age, I think. As for the money bank, that's a relatively new one, he just understands that you put money in, and it can be taken out. He loves putting the coins in over and over again.
at 4:49 AM on Feb. 21, 2011