Before electronic payments came along, giving your kid an allowance was as easy as handing over a fiver come Friday afternoon. But technology has created new ways to transfer money from parent to ...

Inflation may be on most Americans’ minds while they’re at the grocery store and gas pump, but not when they’re doling out their kid’s allowance. While 29% of parents have increased their kids’ ...

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." My 9-year-old daughter gets $10 per month as an allowance. Here's how we arrived at that figure: She ...

Allowance should be tied to chores because it helps kids make the work-to-money connection that will become more important as they grow up, says Gregg Murset, certified financial planner and CEO of ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Chores and allowances have long been a way of life for many ...

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Help children and teens learn about money management while parents look on Written By Written by Contributor, Buy Side Kerri Anne Renzulli is a contributor to Buy Side and finance expert on taxes, ...