DoughMain

Chores, Yes; Allowance, Maybe: Teaching Kids About Work and Money

The vast majority of parents assign chores to their children, but only about half give their kids an allowance. And among the allowance payers, just 21% tied the payouts to chores. Those who aren't paying allowances might want to consider it.

Family Money: Tips for Raising Saving-Savvy Kids

Last week was America Saves Week, but the organizations hoping to spotlight the importance of saving money have their work cut out for them. Not only are we failing to sock enough away, our kids aren't getting the message to save either. Here are four tips for passing on smart savings habits.