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Kids Rake In Allowance Money

Kids have a pretty sweet situation with allowance money these days.

I think I scored $2 per week from my parents to start, and then later on I got an extra $1.50 or $2 for mowing certain sections of the yard. That's how I could afford those hot eleven dollar jeans!

The average allowance nowadays is just over $16 a week or $65 per month, according to the American Institute of CPA's. That comes out to about $780 each year.

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Category: Lifestyle Tags: , ,

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