How I Manage Allowance for Teenagers

In last week’s newsletter (Family with Purpose), I talked about how I manage allowance for my two youngest kids (ages 8 and 11), so this week I wanted to share how I manage allowance for my two teenagers (ages 16 and 14). The basic premise of the system I use for the teenagers is similar to the system I use for the two youngest – give them a fixed allowance, make them divide it up between saving, giving and spending, and give them a lot of control over how they spend it. Learn More