Posted: 08/24/2012
Remember getting a measly allowance for doing your childhood chores?
These days, kids today are raking in the dough.
The average yearly allowance is $780!
That breaks down to about $15 a week.
Anew survey from The American Institute Of Certified Financial Planners shows 61% of parents pay an allowance.
Most make their kids earn it with chores or grades.
But, only 1%percent of kids save their allowance.
Financial experts say that means parents aren't talking totheir children about financial responsibility.
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