Money Smarts School of Finance for Children suggests using the economic crisis as a teaching opportunity to share good money management skills with children. These skills are designed to help position ...

Meg Wheeler is a certified public accountant (CPA) and a financial educator. She's also a mom to an 8-year-old, who gets an allowance that isn't tied to chores. She says this lets her use the ...

Getting an allowance has been a facet of many childhoods. Perhaps you earned a little pocket change in exchange for helping out around the house growing up, or maybe your parents allotted you a ...

Six in ten parents believe their children are more financially responsible than they were at the same age, according to a survey of moms and dads. These confident parents are backing up that belief ...

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 ...

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