SESK: Stuff Everyone Should Know · sesk.info/kid-allowance-plan
You receive an allowance. What is a smart first step?
Make a plan for the money with your grown-up.
- Spend it before thinking
- Plan how to use it ✔
- Hide it and forget it
Why: An allowance is a chance to practice money choices. Talk about what to save, spend, or use for another purpose.
Huh, didn't know that: People get money in different ways, and they may spend it in different ways too.
What do you call an ant who is great with money? An account-ant!
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References
Answer: Plan how to use it. An allowance is a chance to practice money choices. Talk about what to save, spend, or use for another purpose.
- School-age children and earning www.consumerfinance.gov/consumer-tools/money-as-you-grow/school-age-children-preteens/explore-earning
the most important part of an allowance is talking with you about his plans for the money
Checked 2026-10-11.
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