How can I encourage my kids to be generous?

Generosity starts in your own home, so encourage your children to choose toys and books they’d like to donate to disadvantaged children. Also, sit down together and have them designate a portion of their allowance—10 percent is a good number—to give away to the cause. That can be hard for some kids, but if you agree to contribute a dollar for every 25 cents they contribute (or whatever your budget will allow), you’ll help them over the hump. Afterwards, show them how their money was spent – on groceries, clothes, or whatever the case may be.