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Most of us would probably agree that allowances teach kids good money-management skills. The tricky part is setting up the allowance so that kids learn about earning and budgeting money. How much is fair pay for an allowance? Should all chores be reimbursed? Which chores should be paid for? What items should kids spend their allowances on and what should parents buy? Here's a Q-and-A guide to answer those questions. Read more at How to set up allowances for kids How to set up allowances for kids
Most of us would probably agree that allowances teach kids good money-management skills. The tricky part is setting up the allowance so that kids learn about earning and budgeting money. How much is fair pay for an allowance? Should all chores be reimbursed? Which chores should be paid for? What items should kids spend their allowances on and what should parents buy? Here's a Q-and-A guide to answer those questions. Read more at How to set up allowances for kids 
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