Parents giving kids a regular allowance is something of a rite of passage. According to a Wells Fargo study published last ...

Inflation may be on most Americans’ minds while they’re at the grocery store and gas pump, but not when they’re doling out their kid’s allowance. While 29% of parents have increased their kids’ ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Teaching your child the value of a ...

So your kid has asked you for an allowance, but you’re not sure how much money is appropriate or how to go about it. Good news: We did some research and tapped a financial expert to learn about the ...

Is allowance-flation happening in 2025? A new study has found the average kid is raking in up to $52 per month in allowance — $36 more than their parents did at the same age, adjusting for inflation.

Before electronic payments came along, giving your kid an allowance was as easy as handing over a fiver come Friday afternoon. But technology has created new ways to transfer money from parent to ...

Instead of setting an allowance, many parents decide to give money on demand to their children. When figuring out if that’s a good option, we need to be aware that the key is not so much in giving or ...

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 ...