What is the continuation allowance rate?

Date:

Good morning and happy Friday! This is Betty Lin-Fisher in the consumer-centric Daily Money edition on Friday.

It’s been a while since I looked at the allowances for young adults, children. So when my colleague Rachel Barber read about his child’s benefits, I was surprised.

According to a new survey by Wells Fargo, 29% of parents increased their child allowances last year to keep up with inflation, while 65% have not reduced the amount they give to their children.

How much benefits do children get?

How to save on car loan interest

Are you in the market for new cars? When funding that new ride, you may want to consider the 20% rule.

In 2025, new cars reached record numbers.

What is the 20% rule? How will it help you pay for your car?

📰Consumer stories should not be overlooked

🍔Today’s Menu🍔

Kroger is facing a Tiktok rebound after a June cake shortage video went viral for sale at one of the grocery locations. Recorded at a store in Atlanta, Georgia, the video showed several cakes decorated to a minimum on June 19th in honor of federal public holidays.

About daily money

Every day, Daily Money will provide you with the best consumer and financial news from USA Today, breaking complex events, providing you with the TLDR version, and explaining how everything from the Fed rate to bankruptcy will affect you.

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