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smart-strategies-for-paying-your-child-an-allowance
Smart Strategies for Paying Your Child an Allowance

Smart Strategies for Paying Your Child an Allowance

Last updated: November 10, 2025 10:48 am
By Tribune News Service
0 Min Read
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Smart Strategies for Paying Your Child an Allowance

Offering your kids an allowance can be a great way to teach them financial responsibility. Dreamstime/TCA

By Ella Vincent From Kiplinger’s Personal Finance

The practice of parents paying their kids an allowance is still going strong. A recent Wells Fargo survey found that 71 percent of parents who have children between the ages of 5 and 17 give them an allowance, averaging $37 a week.

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