Allowance Planner
Enter age, weekly amount, and Save/Spend/Give split. See age-based benchmarks and how the 'save' bucket grows into real wealth.
$2,301
save-bucket in 10 yrs
$9.00/wk · age 9
Weekly buckets
Age benchmark
$9.00/wk
Annual cost
$468
Save / wk
$3.60
Spend / wk
$3.60
Give / wk
$1.80
Save grows to
$2,301
Total paid over 10 yrs
$4,680
Freedom Coach™
Allowance $9.00/wk → $468/yr.
Age-9 benchmark is ~$9.00/wk. Their save bucket grows to ~$2,301 in 10 yrs at 4% APY.
Premium
Save allowance plans per kid, track spend vs save vs give, and model side-by-side sibling comparisons.
Unlock PremiumThe common benchmark is $1/week per year of age (age 8 → $8/wk). Range: $0.50–$1.50/year of age based on your budget and expectations.
The split model works best: some 'family contribution' chores are unpaid, and 'extras' earn money. This teaches responsibility AND work ethic.
A three-bucket system: 40% Save (goals, investing), 40% Spend (fun money), 20% Give (charity/tithing). Teaches long-term thinking early.
Most experts recommend age 5–7. That's when kids can count, make simple purchase decisions, and understand delayed gratification.
Under 10: cash (visible, tactile). Over 10: apps like Greenlight, Rooster Money, or Copper — teaches digital financial literacy and lets kids invest early.
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