Parents, you aren't the boss of your family spending. It's the kids

A recent study indicates that children between the ages of 8 and 15 hold direct control over $95 billion. Furthermore, these youths exert a considerable influence over larger household spending decisions. This data suggests that parents are not the sole decision-makers regarding family finances, as children in this specific age bracket play a pivotal role in determining how money is spent within the home, both through direct control and general sway.