How Much Allowance To Give Your Child
Many factors go into fixing an allowance. The four main ones are listed here: Your child’s age. Obviously, the older your child, the bigger the allowance (up to a certain point, at which your child may become too old for an allowance). Your family income. Only you know how much your family can afford to allocate to allowances. Where you live. Maybe keeping up with the Joneses isn’t high on your list of priorities and you frequently tell your child, “I don’t care that Jimmy Jones has this or does that....