Here's How Much Parents Shell Out for Kids' Allowance — and How They're Falling Short

Most parents give their children an allowance to help teach them about money and promote good financial habits. In CFP Board’s Steering Clear of Financial Misinformation: A Survey of Americans, nearly 3 in 5 Americans admit to making regrettable financial decisions due to misleading online advice, with many losing significant amounts of money to scams and misinformation.

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