Chores and allowances have long been a way of life for many families with children. For some, chores were something you did while growing up because they were part of everyday family life. For others, ...

Teaching kids about money management has become increasingly critical, especially since more than half of today’s young people report feeling unprepared for their financial futures. While tracking ...

Meg Wheeler is a certified public accountant (CPA) and a financial educator. She's also a mom to an 8-year-old, who gets an allowance that isn't tied to chores. She says this lets her use the ...

Allowance should be tied to chores because it helps kids make the work-to-money connection that will become more important as they grow up, says Gregg Murset, certified financial planner and CEO of ...

Rafe Needleman reviews mobile apps and products for fun, and picks startups apart when he gets bored. He has evaluated thousands of new companies, most of which have since gone out of business.

A psychologist says chores help teach kids responsibility and time management Age-appropriate tasks like cleaning up or mowing the lawn can build life skills Paying kids for chores is a personal ...

This summer, many parents want their kids to take on more responsibility around the house. The question many parents are asking is: should I tie an allowance to chores? Steve Siebold, Certified ...

JACKSONVILLE, Fla. – Where do you start when giving an allowance to our children? What age and how much is appropriate? Should it be tied to chores? These are all understandable questions, but all the ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Chores and allowances have long been a way of life for many ...