Teaching kids financial responsibility from a young age is important. Teaching children about money will be fun and engaging ...

Our 3 kids do household chores and we don't pay them allowance for it. This system is teaching them about responsibility and ...

Tennis legend Serena Williams and her husband negotiated a contract laying out the terms of their 7-year-old daughter's ...

Then create a chart. First, check that everyone ... It's especially important to not tie allowances to chores for younger kids, Pantley says. That's because a younger child may be less motivated ...