What You Should Be Paying Your Children For Chores Around The House

It's called an allowance...as in you're allowed to live here!

January 14, 2019

Dreamstime

Categories: 

Today we found out that the average yearly allowance for kids is $471. That's up 3.7% from the year before! So we asked Wolf Nation how they feel about allowances and what do they do when it comes to teaching their kids the value of money:

- Kids save 42% of their weekly allowance mostly for electronics.

- 69% of parents give a regular allowance

Top Earnning Chores

Washing the Car, $4.60
Gardening, $4.34
Clean Bedroom, $2.71
Mopping the floor, $2.33
Clean Bathroom, $1.82


Top Things Kids Spent Money On:

Candy
Presents
Books
Apps
Lego
Xbox
Pokemon
Roblox (New entry)
Minecraft
Tithing