Giving an allowance is one of the most basic child-raising concepts that also happens to feel the most complicated. How much should you give? How do you teach financial responsibility from a young age ...

Thanks to inflation, largely gone are the days where kids could wander down to the penny candy store to buy themselves a cheap treat. So, how much money should you now give your children in an ...

“The Rules” is a new Moneyish series where we define the rules around sticky money topics like giving an allowance, who pays on a date, combining finances with your partner, and more. There’s no ...

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.

I grew up without an allowance—which forced me to ask for money every time I needed/wanted something. My purchases were entirely dependent upon my parents’ good mood and goodwill. I hated begging and ...

The most common way to begin teaching financial responsibility to our children is by giving a weekly allowance. It’s a direct, effective approach that empowers children to make financial decisions for ...

An error has occurred. Please try again. With a The Portland Press Herald subscription, you can gift 5 articles each month. It looks like you do not have any active ...

When it comes to giving children an allowance, you might believe that all experts agree it’s the right thing to do — but that’s not actually the case. Believe it or not, some experts believe that more ...