Would You Make Your Child ‘Negotiate’ for Their Allowance Like Serena Williams Did? Here’s Why She Did It…

Serena Williams and Alexis Ohanian may be wealthy, but they’re committed to raising grounded children. Their 7-year-old daughter, Olympia, receives a $7 weekly allowance—only after completing daily chores like making her bed and feeding the dog.

Ohanian shared that Olympia’s allowance came after formal negotiations, with Serena acting as her lawyer. The process, he said, was playful yet purposeful, emphasizing the importance of effort and fairness. Their goal: help Olympia understand the value of earning money.

Olympia once saved $100 toward a $125 watch, closing the gap herself. Ohanian noted this taught her the link between work and reward—an experience they hope builds lifelong financial responsibility and patience.

With a combined net worth exceeding $400 million, Williams and Ohanian focus on teaching financial literacy early. Experts agree: using tangible tools like cash helps kids grasp money’s true value in a digital world.

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