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 ...

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 ...

When it comes to teaching kids about money, few tools are as simple and effective as an allowance. More than just a weekly payout that kids can spend however they want, an allowance can become a ...

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 ...

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 ...