The Allowance Algorithm: A Modern Parent's Guide to Chores, Money, and Financial Literacy
In an increasingly cashless society, the humble piggy bank feels like a relic. How do we teach our children the value of a dollar when they rarely see physical money exchanged? The abstract nature of digital transactions, from tapping a card to in-app purchases, makes it harder than ever for kids to grasp fundamental financial concepts like earning, saving, and spending. The age-old parental dilemma of “how much allowance is fair?” has morphed into a more complex challenge. ...