Topic cluster • By age
Allowance by age
Age-specific recommendations for weekly amounts, chores, savings goals, and which money concepts to teach. Tap any age for a full deep dive.
Age 5
$2–$5/wkSmall toy ($5-10) • Identifying coins
Read the guide →Age 6
$3–$6/wkSmall Lego set ($15-25) • Saving toward a goal
Read the guide →Age 7
$4–$7/wkMedium Lego set ($30-50) • Goal-directed saving
Read the guide →Age 8
$5–$8/wkBike accessories ($40-80) • Budgeting
Read the guide →Age 9
$7–$10/wkNintendo Switch game ($60) • Compound interest intro
Read the guide →Age 10
$8–$12/wkPhone ($200-400 goal over 6 months) • Inflation
Read the guide →Age 11
$10–$15/2wkGaming console accessories • Compound interest math
Read the guide →Age 12
$12–$18/2wkPhone upgrade • Peer pressure and spending
Read the guide →Age 13
$15–$25/2wkLaptop ($400-800) • Gross vs. net pay
Read the guide →Age 14
$20–$40/2wkFirst car savings • W-2 and paystub reading
Read the guide →Age 15
$25–$50/2wkCar down payment • Car economics (total cost of ownership)
Read the guide →Age 16
$30–$75/2wkCar • College cost ROI
Read the guide →