Allowance
Thoughts on giving kids an allowance, teaching money management, and helping children learn to save, spend wisely, and take ownership of their finances.
Should You Give Your Children an Allowance?
We never used to give our kids an allowance, but after much thought, we implemented a system based on age. It’s not tied to chores or grades but teaches money management. They buy their own wants, learn to save, and stop asking for extras. Each child spends differently, making it a great learning experience!
