Family Money
How much to spend per child when the gift list grows
A per-child holiday gift budget is the dollar amount a household sets aside for one child's presents.
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Should allowance be tied to chores? Three models compared
Should allowance be tied to chores? The research cited here doesn't answer that. Families can pay per chore, give an allowance with no strings attached, or use a hybrid of the two.
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Average allowance is $37 a week, and the median just $20
$37 a week was the average allowance U.S. parents reported in a 2025 Wells Fargo survey of kids ages 5 to 17, but the median was $20.