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’ ...

So your kid has asked you for an allowance, but you’re not sure how much money is appropriate or how to go about it. Good news: We did some research and tapped a financial expert to learn about the ...

Chores and allowances have long been a way of life for many families with children. For some, chores were something you did while growing up because they were part of everyday family life. For others, ...

Teaching your child the value of a dollar (or maybe $5 when adjusted for inflation) is one of the great challenges of parenting. Rather than having them constantly ask for money, many parents decide ...

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 ...

We've introduced a allowance system for him, he gets credit based on the chores he does. He's 5 now and his chores are to keep his room clean, help set the table, make rice (sadly he can do it better ...

Despite inflation, most parents haven't increased their children's allowances. The average weekly allowance for children ages 5-17 is $37.19, but the median is $20. Digital payment methods like Venmo ...