• Allowance advice for well-meaning parents

    Giving out a regular allowance might not be the best way to impart financial lessons.

  • Allowance: What’s the going rate?

    A new study by the American Institute of CPAs shows families pay children an average allowance of between 50 cents and $1 for every year of a child\’s age.

  • Giving children an allowance may create bad habits (VIDEO)

    Experts say cash, earned or unconditional, without
    a discussion doesn\’t create financial literacy –
    and that\’s a problem.