A recent Wells Fargo survey found that 71% of parents who have children between the ages of 5 and 17 give them an allowance, ...

When it comes to teaching kids about money, few tools are as simple and effective as an allowance. More than just a weekly payout that kids can spend however they want, an allowance can become a ...

A Wells Fargo study released July 2 found that 71% of parents with children ages 5-17 give them an average weekly allowance of $37. The study found that 73% of parents who provide a weekly allowance ...

NEW YORK - Scrawled in big, pink letters across three envelopes are the words "spend," "save" and "give." It's how second-grader Chloe McLaughlin organizes her $8 allowance. It may sound grown-up for ...

Despite inflation, most parents haven't increased their children's allowances. The average weekly allowance for children ages 5-17 is $37.19, but the median is $20. Digital payment methods like Venmo ...

Finance expert reveals 5 ways to raise financially confident kids—no MBA required. Start conversations early, even if you're ...