Ages 5–18
Allowance calculator
A common rule of thumb is $0.50–$1 per year of age each week. What matters most is consistency and letting kids make small mistakes with small money.
Weekly allowance
$8.00
Spend
$4.80Save
$2.40Give
$0.80Saving $2.40 a week adds up to $124.80 in a year. Many families keep allowance separate from basic chores (everyone helps at home) and pay extra for bigger jobs.
This tool is for general information and education only. It does not replace advice from your child's pediatrician, who knows your child's full history. Reviewed by a pediatrician.