The conversation between human and AI assistant.
My husband and I want to give our daughter an allowance of $1,000 a week. Is this too much money?
She is 16 years old.
Since every family's financial situation is different, it is ultimately up to you and your husband to decide on an appropriate amount for your daughter's allowance. However, it's important to make sure the amount is consistent with your family's values and financial goals. Have you considered discussing the amount with your daughter and establishing some guidelines for what she can and cannot spend the money on?