Kids' Allowance Calculator
Suggest a weekly allowance by age and see what it adds up to per month and year — with a save/spend/give split.
For general information only — not medical advice. Results are estimates; talk to a doctor or qualified health professional about your own health.
How to use
- 1Enter your child's age and the amount per year of age (a common rule is $1 per year per week).
- 2Adjust the save, spend and give percentages.
How it's calculated
Weekly allowance = age × amount per year of age. Monthly ≈ weekly × 52 ÷ 12.
Frequently asked questions
How much allowance is typical?
Many parents use $0.50–$1 per week per year of age, adjusting for what the child is expected to pay for themselves.
Should allowance be tied to chores?
Families differ. Some separate basic allowance from paid extra jobs so children learn both money management and responsibility.
Why split into save, spend and give?
It builds habits early: short-term spending, saving toward goals and generosity.