Meg Wheeler is a certified public accountant (CPA) and a financial educator. She's also a mom to an 8-year-old, who gets an allowance that isn't tied to chores. She says this lets her use the ...

CHICAGO (WLS) -- Nearly 80 percent of parents say they pay their child an allowance, according to a T. Rowe Price survey. Should you be paying your kids and allowance and if so, how much and what ...

Six in ten parents believe their children are more financially responsible than they were at the same age, according to a survey of moms and dads. These confident parents are backing up that belief ...

Around the 1920s, a certain class of parents—those with enough money to indulge their kids from time to time—started to panic. Toy companies and trinket manufacturers were buffeting kids with ads, and ...

This as-told-to essay is based on a conversation with Meg Wheeler, founder of The Equitable Money Project. It has been edited for length and clarity. I was raised by a single mom who was a teacher. We ...