Kids Money Blog

Practical tips on allowance, saving, and teaching kids about money.

How to Explain Taxes to Kids (by Age)

Simple analogies for young kids, hands-on activities for tweens, and W-4 guidance for working teens. Age-by-age tax education.

What to Do With Your First Paycheck as a Teen

How to budget your first paycheck with the 50/30/20 rule, why net pay is less than you expect, and how much to save.

What to Do With Your Kid's Birthday Money

A simple save/spend/give framework for birthday and gift money with age-specific advice backed by T. Rowe Price and BYU research.

How to Teach Kids About Money at Every Age

An age-by-age guide backed by Cambridge research, T. Rowe Price surveys, and PISA data. Practical activities for ages 3-17.

Age-Appropriate Chores for Kids (and What to Pay)

Chore lists by age with pay rates from Greenlight and BusyKid surveys. Which chores to pay for and which should be unpaid.

First Jobs for Teens: What Age Can Kids Start Working?

Federal labor laws, jobs by age (10-17), average pay rates from BLS data, and how teen work connects to allowance.

Should Allowance Be Tied to Chores? What the Research Says

Research from AICPA, BYU, and developmental psychologists breaks down three approaches: pay for chores, give allowance for free, or use the hybrid model.

How Much Allowance by Age - A Practical Guide for Parents

Clear age-by-age allowance amounts based on what real families pay. Covers ages 4-17 with practical tips for each stage.