Allowance Manager

Financial literacy starts now. Use the industry-standard "Age-Based" rule to set a fair weekly allowance for your children.

Child's Age Common rule: $1.00 per year of age per week.

Base Rate ($ per year)

Chore Bonuses (Weekly)

Bedroom Cleaned +$2.00

Trash Taken Out +$1.50

Dishwasher Loaded +$3.00

Pet Fed Daily +$2.50

Weekly Allowance

$14.50

Monthly Total: $62.79

The "One Dollar per Year" Rule

I genuinely believe that an allowance shouldn't just be "free money"—it should be a tool for learning how to save, spend, and give. A popular guideline is to give children **one dollar per week for every year of their age**. For example, a 10-year-old would receive $10.00 per week.

The 50/30/20 Rule for Kids: Once your child starts receiving an allowance, consider teaching them to divide it into three jars:

Spending (50%): For small toys, snacks, or games.
Saving (30%): For a larger item they want in the future (like a bike or console).
Giving (20%): For charity or gifts for family members.

To Chore or Not to Chore?

Some parents believe that basic chores (like cleaning your room) are part of being a family member and shouldn't be paid for, while "extra" jobs (like washing the car) earn bonuses. Others prefer a purely chore-based system. There is no right answer—the goal is consistency!