Gone are the days of piggy banks. Kids these days just aren't saving much.

According to a recent survey by the American Institute of CPAs, kids that earn an allowance are making an average of $780 a year, or about $15 a week.

Unfortunately, most of the money kids earn is spent on buying toys or hanging out with friends, leaving little money leftover for saving, the survey found. Only 1 percent of parents who pay their kids an allowance said that their kids save the money, according to the survey.

It seems the apple doesn't fall far from the tree, as Americans on the whole have terrible saving habits.

Half of Americans spend more than they earn and nearly half of us don't have enough money saved up to afford three months of expenses in the event of an emergency.

We also really stink at teaching our kids about how to manage their personal finances. Parents would rather talk to their kids about drug use than money, according to a study from investment firm T. Rowe Price released in March.

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  • Monday: Electronics At Online Retailers

    Online manufactures and retailers offer cheaper deals for computers, TVs, cameras, video games and other electronics on Mondays, according to historical price data parsed by two online blogs (extrabux.com and camelcamelcamel.com), <a href="http://moneyland.time.com/2011/11/11/the-best-day-to-buy-just-about-anything-online/" target="_hplink">cited by CNN Money.</a>

  • Tuesday: Plane Tickets

    Prices for airline tickets tend to be higher over the weekend. Airlines typically launch sales and discounts on Tuesday and sometimes Monday night,<a href="http://online.wsj.com/article/SB10001424052748704062604576105953506930800.html" target="_hplink"> according to the <em>Wall Street Journal. </em></a>

  • Wednesday: Jewelry

    <a href="http://lifehacker.com/5873768/the-best-days-of-the-week-to-buy-almost-anything" target="_hplink">According to LifeHacker</a>, women shop more during the middle of the week, so jewelry stores offer the most enticing deals on Wednesdays.

  • Thursday: Handbags

    Buying a purse online on a Thursday can amount to an average saving of 36 percent, <a href="http://www.wsmv.com/story/19087326/shopping-online-certain-days-of-the-week-could-provide-larger-discouns" target="_hplink">according to WMC-TV.</a>

  • Friday: Clothing Accessories

    Friday is the best time to buy belts and scarves online with an average discount of 42 percent, <a href="http://lifehacker.com/5873768/the-best-days-of-the-week-to-buy-almost-anything" target="_hplink">according to LifeHacker. </a> But otherwise, Friday (except Black Friday once a year) is <a href="http://www.cbsnews.com/2100-500164_162-6861063.html" target="_hplink">generally not a good day</a> to go shopping.

  • Saturday: Books

    Historical price data from online retailers suggests that the cheapest prices on books are available on Saturdays, <a href="http://moneyland.time.com/2011/11/11/the-best-day-to-buy-just-about-anything-online/" target="_hplink">according to CNN Money.</a>

  • Sunday: Groceries

    Gathering coupons from the Sunday paper and combining those discounts with weekly grocery store sales (which typically go into effect on Wednesday) will get you the best prices on groceries, <a href="http://www.smartmoney.com/spend/deal-of-the-day/best-days-of-the-week-for-discounts-1320270169168/" target="_hplink">Stephanie Nelson, the founder of coupon site CouponMom.com, told Smart Money. </a>