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Allowances

Five Ways to Make Your Children's Allowance Effective

Suzanna de Baca | Posted 06.30.2013 | Parents
Suzanna de Baca

Allowances have been a long-debated topic for years -- and whether parents should provide an allowance, when, how much and what a child is allowed to do with the funds are all important considerations. How can parents really be sure that an allowance is helping their child develop good financial habits?

Five Positive Money Lessons Parents Are Teaching Their Kids

Neale Godfrey | Posted 05.27.2013 | Parents
Neale Godfrey

The best way to make sure that your kids understand the reality that Money Doesn't Grow On Trees is to put them on an allowance and to teach them how to budget their money.

Kids Get $65 A Month In Allowance

The Huffington Post | Alicia Ciccone | Posted 08.24.2012 | Money

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 th...

Teens Follow Parents' Lead, Reign In Spending

AP | ANNE D'INNOCENZIO | Posted 05.25.2011 | Business

NEW YORK — The souring job market and rising costs of the usual teenage indulgences _ a slice of pizza, a drive to the mall, the hottest new jea...