Set your goals.
Before you can spend your allowance, decide in advance how much you want to save for the future and deposit it right away. You can see your savings grow!
Here is an example of how to set a goal. If you choose to save half for the future and half for new sneakers, let's figure out how long it will take you to save enough money. If the sneakers cost $50 and your allowance is $5 a week, and you save half for the future and half for the sneakers each week, it would take you $50/$2.50, or 20 weeks.