W.K.
Hi Nicole,
Great suggestions from everyone. I have a 5 and 3 year old and the charts with stickers works wonderful. They love getting a star on the chart for good work. Once a month, if their chart has more stickers than blanks, they get to pick out something from the $1 bin at Target. That's a nice bonus for all of us because we get to go to the store together (which they love) and it's inexpensive for me.
I do give them .25-.50 (depends on my change lying around) to empty all the upstairs trash cans each week. Plus they tend to pick up spare change around the house. this gives them money in their piggy bank which they can use for the occasional "must haves". And, i insist that they do spend their piggy bank money on these things. I do also contribute monthly to a savings account for them and that money is not touched.
Good luck!