24 May '11, 4pm

Kids and money: Allowances

Kids and money: Allowances

My children are 9 and 7, and money topics are beginning to come up more frequently. One word that I keep hearing is “allowance.” My children want to know what an allowance is and how they get one. They have classmates who receive an allowance, and they are starting to wonder what is wrong with me because I don’t offer that benefit to them. So today I want to discuss kids and allowances, tell you what we do, share the experts’ recommendations and then hear from you on the topic.

Full article: http://www.mnn.com/money/personal-finance/blogs/kids-and-...

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