[SoFloFreeper]

So increasing COSTS mean a better economy? Nice analysis there, guys.

[knarf]

I'mm 66 ... never had an allowance and never gave one to any of my five children.

We're all working class hero's and by God proud of it.

[Domandred]

I only get $10 a week. No way in heck are my kids getting anywhere near $50.

[PowderMonkey]

"One is that as the economy has been getting better, families are feeling a little more stable and are sharing that with the kids."

Senior financial planner at T. Rowe Price? Satire, right? Please say it's satire. Little wonder these guys are jumping off buildings and bridges all around the world. They would do better reading the goat entrails and tea leafs.

[Gay State Conservative]

IIRC I got a couple of bucks a week allowance...back in the 50’s/60’s.I must say that it gave me an early lesson in budgeting...prioritizing....saving.One of several *very* valuable lessons my Dad taught me on the subject of money.Another one he taught me...one that's served me *very* well...is to live below your means.

[Einherjar]

Many years ago : allowance ?? you are allowed to eat here, you are allowed to sleep here..............etc

[John O]

Parents buying their kids’ silence. They refuse to spend time with them so they buy them off with money.

My daughter gets $5 per week when I remember to give it to her and when she remembers to ask for it. It’s not really that big of a deal to either of us I think.

[wbill]

$50 a week? For What?????

I don't have $50 worth of chores to do around the house.

[napscoordinator]

Wow. 50 bucks. I feel like a cheapskate giving my kids 10 bucks a week. That is still 30 bucks for the 3 boys and 5 dollars for the daughter who is 5 years old. I am getting away with murder compared to the parents shelling out 50 bucks. Keep this story to ourselves.

[moovova]

How does the kid’s cell phone calculate into the “allowed” amount?

[Ditto]

When I was in high school back in the 60s, my dad would give me $1 a day. That covered my lunch at school... 60 cents a day and the 40 cents was mine to spend as I choose. It usually went for some more food after school. ;~))

Do a CPI calculation on that $1 dollar in the early 1960s, and that equals about $8 dollars today or about $40 a week.