Learn about cash allowances, their purpose, how they work, common types, and the factors influencing the amount. Ideal for ...

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’ ...

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 ...