These young entrepreneurs save 42% of what they earn
January 24, 2019 at 14:53 PM EST
Mom and Dad may have trouble socking away cash for retirement, yet when it comes to saving money the kids are all right. Children between ages 4 and 14 received an average of $471 in allowances over 2018 — and they were able to save more than 40 cents out of every dollar, according to RoosterMoney.