Anyone with school age children has probably struggled with the problem of what to do about allowances. More and more these days there seem to be legitimate (and not-so legitimate) reasons for kids to be spending money, but you probably want your children to start learning about money management a bit themselves as they start becoming little consumers. One way to go about managing this process is to use a site like Active Allowance. Once you sign up, you can set up accounts for your children and checklists of tasks they must accomplish throughout the course of a week. If you pay for a Full account ($49.95/yr) each child gets a virtual bank account, and amasses virtual cash each week. You can choose whether to tie a monetary value to each chore, or simply require that all tasks be done for the child to claim their weekly allowance.
While it seems like a bit of overkill to use a web application to manage allowances, it may well be that children will enjoy the measure of control it gives them. It's certainly more neat and tidy than using a whiteboard on your fridge.
