Economist Emily Oster: How an allowance can teach kids about money

Economist Emily Oster: How giving kids an allowance can teach them about money

When deciding whether she should give her children an allowance, Brown University Economics Professor Emily Oster started with research and found that about 60% of American families give kids an allowance. Oster decided to start giving $3 per week and she's been pleasantly surprised by how her children have reacted to the responsibility and learned more about money.
Thu, Dec 2 202111:27 AM EST