School is out, but a lesson on money can begin. A new survey from Wells Fargo shows that out of around 1,600 parents in the U.S. about 71% are still giving allowances to kids. Louann Millar, leader of ...

A Wells Fargo study released July 2 found that 71% of parents with children ages 5-17 give them an average weekly allowance of $37. The study found that 73% of parents who provide a weekly allowance ...

Despite inflation, most parents haven't increased their children's allowances. The average weekly allowance for children ages 5-17 is $37.19, but the median is $20. Digital payment methods like Venmo ...

A Wells Fargo study released July 2 found that 71% of parents with children ages 5-17 give them an average weekly allowance of $37. The study found that 73% of parents who provide a weekly allowance ...

If you spot a 5-year-old tracking weekly expenses, rent, and even investments on social media, don't be surprised; that's the ...

Thanks to inflation, largely gone are the days where kids could wander down to the penny candy store to buy themselves a cheap treat. So, how much money should you now give your children in an ...