Friday, May 27, 2016

Shopping

How much allowance should I give my child?


Average Allowances by Age. The average American family pays approximately 50 cents per week for each year of a child's age. For example, a 10-year-old would get $5 per week. Another often-quoted allowance figure is $1 per week for each year of the child's age, so an 8-year-old would receive $8 per week.

I have got to go shopping to get me a new outfit and a new pair of shoes. I got my allowance today. Boy, things have gone up. A DIME doesn't go very far.

 


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