Besides talking, though, kids need direct practice with money and making decisions. What’s the best tool for that? An allowance, says John Lanza, author of “The Art of Allowance.” ...

I had no idea this was such a contentious issue! Those parents all say that giving an allowance teaches kids the importance of earning money through hard work, as well as the value of saving money ...

Best for families who want a gamified experience teaching children financial skills. Acorns Early (formerly GoHenry) provides a fun and interactive approach to managing allowances, complete with a ...

I've always aimed to pass that on to my kids while also fostering their generosity and independence. Allowance is not a given I hate the idea of allowance being given rather than earned ...

We dock our kids' allowance to get them to behave The one move we have started seeing improvement upon is docking allowance. In $.50 increments, I'll pull funds from their weekly allowance.