Allowance & Chores
Allowance is your child's first paycheck — and the cheapest financial education you'll ever buy. A 7-year-old who blows $5 on a toy that breaks learns more about money than any lecture can teach.
The debates are real, though: how much per week? Should chores be paid, expected, or both? This hub gives you age-anchored amounts (the classic rule: $1 per week per year of age), three payment models that work, and chore lists matched to what kids can actually handle. New to all of it? Begin with the money milestones guide.
Guides in this section
25 Age-Appropriate Chores That Actually Teach Money Skills
25 chores banded by age (3 to 18), the money skill each one teaches, and what to pay — plus which jobs should stay unpaid family contributions.
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How Much Allowance by Age: The 2026 Guide
What parents actually pay in 2026, from $6.18/week at age 5 to $21.47 at 17, plus a simple rule of thumb and when to give a raise.
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Free tool
Allowance Calculator
Enter your child's age, pick a chore model, and get a suggested weekly amount plus a save/spend/give split.
Try it now →