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TaskFamily

a 4-year-old's allowance split 40/40/20

A $4 weekly allowance split 40/40/20 gives a 4-year-old $1.60 to spend, $1.60 to save and $0.80 to give each week.

Split 40/40/20 at 4

Split 40/40/20 at 4
JarEvery weekEvery monthEvery year
Spend$1.60$6.93$83.20
Save$1.60$6.93$83.20
Give$0.80$3.47$41.60

Based on one dollar per year of age: $4 a week at 4.

Weeks to a goal from the save jar

Weeks to a goal from the save jar
GoalWeeks
$2013 weeks
$5032 weeks
$10063 weeks
$250157 weeks

The other common splits

  • 50/40/10: $2 spend, $1.60 save, $0.40 give
  • 60/30/10: $2.40 spend, $1.20 save, $0.40 give
  • 70/20/10: $2.80 spend, $0.80 save, $0.40 give
  • 34/33/33: $1.36 spend, $1.32 save, $1.32 give

TaskFamily starts at 50/40/10 and lets you change the split for each child, with the jars shown as three clear pots on their own screen.

Free for one household. Premium is $5.99 a month or $49 a year for the whole family, never per child.

Keep reading

Every amount is worked out with the same functions as our allowance and savings goal calculators. Rules of thumb, not advice on what to pay. The guide text is drafted with AI from these numbers and checked automatically before it is published.

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