More Than Two-Thirds of Parents Give Allowance, Average is $9 a Week

A new survey of 30,000 four- to 14-year-olds in the U.S. from allowance and chore tracking app RoosterMoney found that 69 percent of parents gave a regular allowance last year, with an average amount of $9.06 a week. In a good sign of kids learning about saving, they saved 42 percent of what they were given in allowance. The top allowance-earning chores were washing the car, gardening and cleaning their bedroom, while the top things they spent money on were candy, presents and books. The top things the kids saved money for were phones, Lego and tablets. Full top ten lists for chores, spending money items and saving money items at PR Newswire.

SHARE

RELATED CONTENT

HOTELS.COM IS GIVING AWAY FREE HOTEL ROOMS AFTER THE SUPER BOWL FOR FUTURE PARENTS LOOKING TO SCORE A GAME BABY TO RESIST FATTY FOOD JUST SMELL IT FOR TWO MINUTES Here are a Couple of New Movies Opening This Weekend Babies Born In These Months Are Most Likely To Be Rich & Famous RASCAL FLATTS Out of Restaurant Business Your Password May Have Been Posted Online
Comments