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Statement of Allowance Earned

Statement of Allowance Earned is one of the tools that has a direct impact on children’s understanding of money and its real world use. The Statement of Allowance Earned is designed with a view to teach children concept of fiscal planning and its results.

The Statement of Allowance Earned is automatically updated weekly with the allowance and incentive / penalty for that week.

Parents are encouraged to use the Statement of Allowance Earned to update information such as:

bullet Allowance given to child
bullet Loan / Advance given to child
bullet Amounts received back from child

The child will quickly learn basic accounting concepts and understand what’s in their best interest.

Statement of Allowance Earned

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