According to COUNTRY Financial Security Index, 68 percent of Americans believe children should receive an allowance for completing chores. So we invited a bunch of kids to our studio to talk all things money, from earning to spending.
Then we put them to a test.
We gave each kid their two-week allowance all at once, and asked them to budget it out for a day. Like real grown-ups.
From donating to lions in Africa, to buying video games, all the kids had different opinions on how the money should be budgeted and spent.
Watch the entire video above to see how the kids handled the challenge.