"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 ...

Deciding if allowance is right for your family starts with a few thoughtful questions. These will help you teach money skills ...

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 ...

CHICAGO (WLS) -- Nearly 80 percent of parents say they pay their child an allowance, according to a T. Rowe Price survey. Should you be paying your kids and allowance and if so, how much and what ...

Parents giving kids a regular allowance is something of a rite of passage. According to a Wells Fargo study published last year, 71% of parents give kids some allowance, with an average amount of $37 ...

Is allowance-flation happening in 2025? A new study has found the average kid is raking in up to $52 per month in allowance — $36 more than their parents did at the same age, adjusting for inflation.

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 ...