Kids Get $8-a-Week in Allowance, Plus More For Chores
I'm not sure kids' allowance is keeping up with the rate of inflation. We're all in trouble if they ever figure out how to unionize.
A new study found that the average kid between four and 14 years old gets $8-a-week in allowance. But that's just the base salary. They also get paid extra for doing their chores, including:
- Washing the car, $4.
- Taking care of the yard, $4.
- Cleaning their room, $2.
- Laundry, $2.
- Vacuuming, $1.50.
- Taking out the garbage, $1.
- Washing the dishes, $1.
The study also found the kids save about 37% of the money they make. Based on the $416 in just allowance at $8-a-week, that means they're saving about $154 a year.
Read more at Daily Mail.