Explore these useful banking tools and resources for your kids.
Kids’ Chore Calculator. If you decide to teach your child the value of a dollar through a chore allowance, use this calculator to determine how much you should pay them based on age and your state.
Kids chore calculator
Calculate how much to pay your kids for completing their chores by selecting your state, child's age, child's savings goal, and chore.
State
Kid's age range
Kid's weekly savings goal
Add chore
Which days will this chore be completed on?
Please fill all fields
Chore
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Rate
Add chores to work out weekly total
Weekly total
$0
Your child is 0% toward their weekly savings goal of $0.
Chore rates are based on suggestions from experts. See our methodology.
Kids Chore Calendar
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If you complete all of your chores each week, you’ll make $0. This is 0% of your weekly savings goal!
Allowances guide. Find out if paying your kid an allowance is a good idea and four steps to get started with this allowance guide.
Financial literacy guide. From savings jars to budgeting, here are nine ways you can get your child started on their money management journey using this financial literacy guide.
Before you head to the bank and open an account for your kid, learn about the documentation you need to have and how this account could affect you come tax time.
Opening a bank account in your child’s name can be a great way to save for future educational expenses and teach your child good money habits. But not all banks and credit unions allow you to open an account for a baby. Find out which ones you qualify for here.
Education savings accounts, also known as 529 plans, are set up to save for your child’s future education. The funds from these accounts are used to cover educational expenses, such as elementary or secondary school expenses or college tuition. The number one perk of these savings accounts is that the earnings from the investment as well as any withdrawals from the account are not taxable for federal income tax purposes.
Teens can open savings accounts at most banks and credit unions, which can come in handy when they get their first job. Compare top-rated accounts for teens and find out how they compare to prepaid cards and traditional bank accounts.
College gets more expensive every year. The earlier you save, the greater the chance you have to combat student debt in the future. Uncover the average cost of tuition, fees and room and board. Then learn how to create a savings plan that helps your money go further.
Cassidy Horton is a freelance personal finance copywriter and past contributing writer for Finder. Her writing and banking expertise have been featured in Forbes Advisor, Money, The Balance, Money Under 30, Insure.com, and other top digital publishers. She holds a BS in public relations and an MBA from Georgia Southern University.
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State
Kid's age range
Kid's weekly savings goal
Add chore
Which days will this chore be completed on?
