allowance 

When to Start Giving Your Child an Allowance

An allowance can teach kids a lot about money. Credit: Karen Bleier, AFP/Getty Images
Giving kids an allowance has long been associated with also giving them chores, but some say tying a regular sum of money to rewards or punishments can be...
Giving kids an allowance has long been associated with also giving them chores, but some say tying a regular sum of money to rewards or punishments can be detrimental to a child's future financial health.

Talk of Allowances Makes Parents a Little, Uh, Squeamish, Survey Shows

Are you losing the allowance battle with your teen? Credit: Janis Christie, Getty Images
Would you rather deal with a car salesman than talk to your own kids about their allowance? Don't worry. You're not a pathetic wuss. Well, maybe you are,...

Use Recession to Teach Kids Sensible Spending

Are you promoting good money habits? Credit: Guru family, Flickr Just like corporations are using the recession to restructure, you can use it to teach kids that money doesn't grow on trees. Most forecasts say the economy will limp along...

Abigail Breslin Makes $13 a Week

Abigail Breslin gets a $13 allowance. Image: Getty Images
She's been nominated for an Oscar, made her way on to "Forbes" list of Young Hollywood's top earning stars and pulls in $2 million a movie. But child star Abigail Breslin still has to...

Parenting Like the Obamas - Do Your Kids Do Chores?

We all know that Barack and Michelle Obama don't spoil their girls -- Sasha and Malia only get $1 a week in allowance, for example, which is a lot less than the average weekly allowance for kids their ages ($4.10 and $7.18, respectively). The payout...

Barack Obama Cheaps Out on Daughters' Allowance

There are a few different schools of thought when it comes to giving children an allowance. Barack and Michelle Obama have a slightly different take. Some parents feel that giving kids a little spending money of their own, say $10 per week, will...

How to Talk to Kids About the Economy

My princess loving three-year-old only recently learned that Disney World is an actual destination. "You can GO there?" she asked me incredulously ... and maybe just a little accusingly too, as in then why haven't you taken me there yet? I would love...

Allowance - What's your policy?

My older daughter is closing in on six years old, so we've been mulling over the idea of an allowance. After comparing how allowance was dealt with in our own childhoods, my husband and I have decided that her allowance won't be "payment" for her...

What are you telling your kids about the economy?

My husband and I have a new routine these days: every evening, when he comes home from work, he sits at the kitchen table while I finish dinner and we talk about the economy -- about the stock market and our own investments and our longer-term plans....

Daily Dish - Chore charting

For some parents, the typical kids' chore chart ends up being more chore than it's worth....

Barack Obama's daughters get $1 a week allowance

Even though their dad is running for President of the United States, Malia and Sasha Obama have a remarkably normal daily life. Household rules include no teasing or fighting, making their beds every morning, and getting themselves up and dressed for...

Raising financially savvy children

Despite growing up in an accounting office, I never really learned about money as a kid -- I learned the hard way later on. First, it was a department store credit card, followed by an American Express card. That made it easy to buy expensive gifts...

Tips for raising charitable children

Do you give? When are were you taught to do so as a child? Do your children? But, how exactly do we create a culture of giving in the home? It doesn't start the way I think about it--that scene from Mommy Dearest where Mommy makes Christina give...

Money lessons

Growing up, we never had much money. Allowance was something my parents were okay with in theory, but in practice it was something we rarely saw. So I never really learned much about handling money until I was an adult. I'm still not what you'd call...

Helping parents help with chores

Unfortunately, we're not at the stage where Edan can take on any real chores around the house. But, rest assured, as soon as she's ready I'll be putting my feet up, and letting her pull her weight around here. When the time comes, I imagine we'll...

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