Guidelines and Resources for Determining Kids’ Allowances

"Teaching kids about the value of money is one of the greatest lessons parents can impart. With a healthy attitude towards money, kids will enter adulthood with the knowledge of smart money management,sensible spending parameters and the importance of saving.There are reports that Malia and Sasha Obama get $1 each for their weekly allowance. Maybe it’s time for the President to loosen the purse strings a little bit! $1 seems a bit meager for kids that age, but it got me wondering about allowances in general and what the guidelines are for allocation..."
read entire article

Source: Momaroo