Giving kids an allowance helps teach them about money management ... You can use apps to track spending and savings or set up a simple chart to help them visualize their finances.

Modeling behavior is just as important. "When kids see their parents consistently doing chores, they’re more likely to ...

Kids can manage all of the tasks above, plus: Many families find it helpful to create a chore chart or checklist that ... Some choose to make chores part of an allowance, and some offer money ...

Financial management starts with education and information on managing your finances, and Altra Federal Credit Union can help, including on questions about allowance for kids.

Getting an allowance has been a facet of many childhoods. Perhaps you earned a little pocket change in exchange for helping out around the house growing up, or maybe your parents allotted you a ...

"When kids see their parents consistently doing chores, they’re more likely to participate themselves," Dr. Eshleman notes. Some parents offer allowances for chores, while others expect kids to ...

The concept of an allowance is pretty simple. You give your kids a set amount of cash every week, sometimes in exchange for completing certain tasks or chores, and your children learn to budget ...