Daily Cuts - How much allowance to give your kids?
It could be the biggest headache for parents - how much allowance to give my kid? It usually starts with a daily allowance, before moving on to a weekly one. A commentary on TODAY writes that without financial lessons accompanying that allowance, kids won’t learn to spend and consume responsibly. Ruperto Ancajas, Portfolio Specialist, Foord Asset Management and author of 'Teach Your Kids to Invest' shares what could be a good way to teach your kids financial management.