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

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 ...

For some people, playing the lottery can be a fun thing to do once in a while. But risking money for the chance to win more ...

in the case of a chores based allowance,” says Peterson. In addition Peterson has also found that, “an issue many parents run across is that kids may have different money habits than they do ...

We started asking our three kids — ages 14, 11, and 5 — to start pitching in with chores. We don't pay them an allowance for helping out. They're learning it's just part of being a family.

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