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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

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.

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