Parent Guide: Setting Up a Smart Weekly Allowance ๐จโ๐ฉโ๐งโ๐ฆ
How much pocket money should you give your child? Should allowance be tied to household chores?
Here is the Gullak Champs parent framework for raising financially confident kids.
The 3 Golden Rules for Parents
- Keep allowance consistent and predictable.
- Separate basic household responsibilities from paid extra tasks.
- Allow small spending mistakes early while the stakes are low!