When raising children, you’re constantly asking yourself all manner of questions and sometimes second-guessing yourself.
This rough guideline of $1 per week per year of age is echoed byForbesandScholastic.
Ultimately, the way you give out their allowance may be more important than the amount.
You don’t want them to stop doing chores if they feel they’ve gotten enough money together.
On that topic, there are definitely pros and cons to tying allowance to chores (viaParents).
