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Allowance: What's the going rate?

A new study by the American Institute of CPAs shows families pay children an average allowance of between 50 cents and $1 for every year of a child's age.

Wednesday - 08/07/2013, 12:55pm EDT

Tags: Kristi King, Bethesda patch

Giving children an allowance may create bad habits (VIDEO)

Experts say cash, earned or unconditional, without a discussion doesn't create financial literacy - and that's a problem.

Monday - 12/03/2012, 04:41am EST

Tags: del walters, parenting