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Looking for Advice on Giving Allowance to School-age Children
I have two great boys, ages 6 and 9, and we are thinking about giving them a weekly allowance so they can learn about spending money wisely. I grew up with an allowance and really learned how to budget and save. My husband did not and had to learn those skills as an adult. We were just wondering how other people have tackled this issue successfully. Some of the things we are considering are: how much is appropriate for each child, what are their responsibilities as far as household chores, and how should the money be used? Thanks for...
