What parents say about the allowance: Function of the allowance for parents of different economic incomes

The practice of giving allowance is used by several parents in different parts of the world and can contribute to the economic education of children. This study aimed to investigate the purposes of the allowance with 32 parents of varying incomes. We used the focus group technique and Alceste software to analyze the data. The results involved two classes related to the process of using the allowance. These classes have covered aspects of the role of socialization and education allowance, serving as an instrument of reward, but sometimes encouraging bad habits in children. The justification of the fathers concerning the amount of money to be given to the children and when to stop giving allowance were also highlighted. Keywords: allowance; economic socialization; parenting practices.