RENO, Nev. (KRNV & MyNews4.com) -- Kids are raking in an average of $15 a week in allowance, according to a recent survey. But money earned isn't money saved, and a majority of parents say their kids are spending their allowance just as quickly as they receive it.
But, as the survey found, allowance money is rarely saved. Parents say most of their kid’s allowance is quickly spent on outings with friends or toys.
