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Many parents opt to give their kids a weekly allowance not because they need the cash mdash; but to jump start their educations in financial literacy.After all, it s never too early to start practicing good money habits, and giving kids an allowance allows them to learn how best to spend and save it, experts say.Parents seem to be on board mdash; 69% percent of them doled out regular allowances last year. Children between the ages of 4 and 14 earned an average of $499 mdash; or $9.59 a week mdash; up 6% from a year earlier, according to a study from RoosterMoney, a kids allowance and chores app. The study s findings are based on the spending habits of nearly 50,000 of the
stanley cup app s users. The young recipients didn t spend it all on candy and Legos and electronics mdash; they saved a hefty 42% of their allowances last year. Their parents, on the other hand, saved less than 8% of their incomes, according to online database Statista.Like learning a foreign languageObviously, kids don t have the same financial responsibilities as their their parents do. But RoosterMoney s allowance report indicates t
stanley cup hat receiving a regular stipend helps them understand classic concepts like opportunity cost. I know kids don t have the overheads of mo
stanley cup rtgages and homes and utilities, but if you can get kids engaged at an early age and build those habits to an extreme, that s something that will stay with them for life, said Will Carmichael, CEO of Ro Bmwj KFC creating vegetarian version of its fried chicken in U.K.
OKLAHOMA CITY -- For the second day, thousands of Oklahoma teachers marched at the state capitol. Inside the rotunda, educators, and hundreds of their students demanded an increase in school funding. On Tuesday, Oklahoma Governor Mary Fallin signed a bill giving teacher-support staff, like teachers aides and janitors, a $1,250 raise. Last week, she signed a measure that gave teachers a $6,000 pay raise, but only added an additional $50 million to sch
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adidas originals l funding. Teachers were asking for $200 million more. Teachers want more, Fallin said. But it s kind of like having a teenage kid that wants a better car. Teachers in Oklahoma are demanding higher pay as well
adidas samba as increased funding CBS News Teachers turned into lobbyists, crowding the hallways and waiting in line to meet with almost every state lawmaker. Liz Hoggett and her fellow teachers from Norman, Oklahoma, public schools went office to office, leaving notes and letters for legislators, asking for more school funding. They waited more than an hour to meet with their state senator, but he had to leave for a roll call vote. The third generation teacher says she s frustrated, but doesn t plan to give up. I want him to hear that we are not going anywhere, she said. We re doing this for our kids. Teachers and students plan to return on Wednesday, and some plan to use their sick d