Kids' Money > Parents > Allowances



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Kids' Money for Parents
Allowances

Parenting Journals Editorīs Choice
On the Web Since 1995

TOPICS | Money Skills | Allowances | Spending | Saving | Sharing | Earning | Investing | Credit |
RESOURCES | Articles | Success Stories | Surveys | Statistics | Q & A | Web Resources | Tools | Books |


The Key to Success

An effective Allowance program can do most of the work when it comes to teaching your kids how to manage their money.

Now, we're not talking about:

  • Your five dollars a week, here's your money, stop bugging me Allowance, or
  • Do your chores and you'll get your Allowance.

This Allowance program is a purely and simply an educational tool - a means to teaching your kids how to spend thoughtfully, save regularly and share faithfully.

In the process, they develop the skills and habits necessary to achieve financial success as adults.

Here's what Warren Buffet had to say on CNBC about children and financial habits:

Well, one way or another you develop financial habits when you're very young. And the habits you develop live with you for the rest of your life.

The Allowance section of Kids' Money provides everything you'll need to get started.

You may also want to check out Allowance Magic: Turn Your Kids Into Money Wizards by our very own David McCurrach. This workbook includes a step by step guide on how to set up an effective Allowance program. It also has easy to complete worksheets for both kids and parents. Everything you need is right here.

We welcome you to Kids' Money - Allowances!

Enjoy the adventure of teaching your kids about money!



Input & Opinion

Know a good resource of teaching Allowances? Please let us know.

Have your own tips for teaching this subject? Please Share them.

Would you like to Contribute an article on Allowances? Please Submit it.

Want to Comment on one of the Resources we feature? Please feel free.

Have your own insightful or amusing story on teaching your kids through Allowances? Please Share it with our other parents.

Kids' Money is all about discovery and interaction. Become a part of it now. Start today building a better tomorrow for your kids.


What's Your Backup Plan (Photo)

Resources

Here's some ideas to help you develop that Allowance program:

  • Articles
    We start with an web classic - "Give 'em An Allowance" - and it just gets better from there.

  • Success Stories
    We've got hundreds from parents just like you.

  • Surveys
    Fill 'em out or just see how others have - there's bound to be a good idea or two.

  • Statistics
    All the data you'll ever need to make the decisions for your family.

  • Q & A
    You've got the questions, we've got the answers. See how our experts respond.

  • Web Resources
    The best on Allowances from a variety of other sites.

  • Tools
    We're identified a few Allowance tools you may find helpful and also give you convenient access of hundreds of other valuable learning aids.

  • Books
    We've got suggestions on books and workbooks with all kinds of ideas about using Allowances to develop your kids money management skills and habits. We also give you convenient access to thousands more.

    We also invite you to Comment on each and every Resource and every item in those Resources. Your comments add value to our information.

    And finally, keep coming back. We're constantly updating and expanding our Resources. Check back frequently to see all that we've added. Feel free to suggest Resources you think would be helpful.

    Thank you for being part of Kids' Money.


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