This makes developmental sense because it is a time when children are learning about money in school and have the mathematical ability to do simple adding and subtracting, to make change and to keep track of how much they have. Widome advises doling out the allowance at the same time every week. It is a matter of trust. Bodnar suggests starting out small. Children should receive increasing amounts as they get older, and this amount will depend in large part on what you expect their allowance to cover.
Some parents give children a weekly dollar amount equal to their age.
Bodnar points out that it's not unreasonable for teens to lay out cash for some of their own clothing as well as their entertainment and hobby needs. An allowance could also cover school lunches, school supplies, toiletries and make-up. However much you choose to give your child for an allowance, make sure that you give your children skills along with the money. Both Bodnar and Widome agree that the natural consequences of squandered money are lessons few children forget. When they get into a tight corner due to foolish spending, don't bail them out too quickly, if at all.