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Calcimator

Allowance Calculator

Calculate an age-appropriate allowance amount with spending, savings, and charity splits.

Inputs

$
%
%

Results

Payout Amount

$6.00

Monthly Total$25.98
Annual Total$311.76
Monthly Spending$15.59
Monthly Savings$7.79
Monthly Charity$2.60
How to Use This Calculator
  1. Enter your child's age in years.
  2. Choose the method — Age-Based (recommended) or Custom Amount.
  3. Select the payment frequency (weekly, biweekly, or monthly).
  4. Review the recommended allowance amount and annual total.
  5. Use the savings split suggestion to teach your child to allocate between spending, saving, and giving.

How the result changes with Child's Age

Child's AgePayout Amount
4.5$3.25
8.25$5.13
13$7.50
17$9.50

What each input means

Child's Age
Age of the child in years.
Method
Calculation method to use.
Payment Frequency
Number of cycles per second.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Child's Age = 10, Method = 0, Custom Amount = 10, Payment Frequency = 0 = 6 input(s) provided
  2. Calculate Payout Amount
    Payout Amount
    6 = $6
  3. Calculate Monthly Total
    Monthly Total
    25.98 = $25.98
  4. Calculate Annual Total
    Annual Total
    311.76 = $311.76

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