Introduction Determining your teen's allowance has a great deal to do with your personal beliefs about money management. While some parents believe that a child should participate in chores simply because they need to contribute as part of the family, other parents see doing … [Read more...] about Determining Your Teen's Allowance
Kids and Money
How Much Allowance to Give Your Teen
There are many factors to consider when you are making a decision regarding how much allowance to give to your teens. As you very well know, there is no universal standard amount of allowance that is pre-determined to be perfect for your child. Instead you must evaluate your … [Read more...] about How Much Allowance to Give Your Teen
Allowances And Teens
The topic of allowances is highly debated. Some parents feel strongly that there is no need to give a child an allowance because children should be contributing to the family by working and doing well in school. Other parents see giving their children an allowance as an … [Read more...] about Allowances And Teens
Allowances And Kids
Money management is an important skill for kids to learn. If kids learn how to manage money while they are young, they will be better prepared to handle their finances as they get older and have to budget, pay bills, and save for college. One way kids can learn money management … [Read more...] about Allowances And Kids
Do Your Kids Really Need An Allowance?
Many parents use allowances as a tool to teach their children about money or to help them learn the importance of pitching in around the house by giving an allowance in exchange for doing chores. While allowances are a great way for kids to learn about money management from an … [Read more...] about Do Your Kids Really Need An Allowance?