BY THE NUMBERS.

 
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A lesson in spending

$120

Average monthly allowance for children living at home under age 25.

5

Average hours of expected chores per week.

49%

Portion of parents who talk to their children weekly about money.

45%

Portion of children who spent allowance money on outings with friends--the most common use.

Source: Survey by The Harris Poll for the AICPA.

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