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Archive Home > 2009 > April > 02 > Allowance 101: How to turn a privilege into a life lesson

Allowance 101: How to turn a privilege into a life lesson

By Candice Choi / The Bulletin
April 2, 2009

NEW YORK — Scrawled in big, pink letters across three envelopes are the words “spend,” “save” and “give.” It’s how second-grader Chloe McLaughlin organizes her $8 allowance.

It may sound grown-up for someone who....

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