Family-related allowances include a household allowance, a dependant child allowance, an educational allowance and a pre-school allowance.
He points out that both the child allowance and age related benefits were introduced before the Second World War.
It will introduce a child allowance, cut road tolls and taxes on small businesses, raise unemployment benefits, support farmers' incomes and revamp a pension system that cannot keep up with an ageing population.
Other parts of the plan include a reduction in tax rates, including cutting the top rate from 39% to 33%, an increase in the child tax allowance, and a restoration of the married couples allowance.
Most working age benefits, such as Jobseekers Allowance and Child Benefit, will go up by 1%, less than the rate of inflation, for the next three years.
Chancellor George Osborne announced that most working age benefits, such as Jobseekers Allowance and child benefit, will go up by 1%, less than the rate of inflation, for the next three years.
The child simply receives a dollar allowance equal to his or her age.
Can you use an allowance to teach your child about money or give gifts that contribute to their economic well-being?
These included disability living allowance and carers' allowance, as well as child tax credits claimed by falsely saying other children were living with her.
At 4.30pm the Work and Pensions Committee quizzes the final witnesses in its inquiry on Universal Credit, the new social security benefit which replaces Jobseeker's Allowance, Income Support, Child Tax Credits, Housing Benefit and other working-age benefits with one single payment.
Of course, the real purpose of an allowance should be to teach your child how to manage money effectively.
In the Budget, Mr Osborne announced an increase of VAT up to 20%, the freezing of child benefit and a rise in personal income tax allowance.
But Lord Lawson maintained that "you need to do something at the other end of the scale, where the tax shoe pinches most" giving the example of young married mothers who give up their jobs to bring up a child because they lose both their income and their tax allowance.
The limit on benefits would apply to the total received from jobseekers' allowance, income support, employment support allowance, housing benefit, council tax benefit, child benefit and child tax credit.
Universal credit - being introduced by Work and Pensions Secretary Iain Duncan Smith this year - aims to simplify the welfare system by replacing a number of existing working-age benefits, including the income-based jobseeker's allowance, income-related employment support allowance, housing benefit, working tax credit, child tax credit and income support.
Now this applies to parents whose youngest child is aged 10 or more and by 2011 all single parents whose youngest child is seven or older will be moved to Jobseeker's Allowance.
In addition, parents can actively monitor their child's online activity, limit play time duration and provide a virtual allowance for purchasing apps via MEEP!
Look, say the pundits, at the net effect of his new lower income-tax band (starting next month), the cut in the basic rate of income tax from 23% to 22%, the changes to national insurance, the abolition of the married couples' tax allowance and the mortgage-interest allowance (all starting a year from now), the new child tax credit (from 2001), etc.
True, the government is extending entitlement to the maternity allowance, enabling more women to take time off work immediately after their child is born.
The government says that, with public sector pay rises capped at 1%, a similar limit should apply to working-age benefits such as jobseeker's allowance, employment and support allowance and income support as well as elements of working tax credits and child tax credit.
BBC: Prime Minister's Questions: David Cameron v Ed Miliband
There has been some reshuffling between households: the increase in child benefit announced in last year's budget was paid for by a cut in the married couples' tax allowance.
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