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Pocket money (merged)

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Comments

  • ailuro2
    ailuro2 Posts: 7,540 Forumite
    Part of the Furniture Combo Breaker
    OP - take a look at Tesco's latest mobile contract - 100 minutes of calls plus unlimited texts. No mobile internet access though.

    O2's deal is £10 a month.

    Get your 12 yo to look for a better phone deal and let her keep the savings towards the school trip if it's possible, it's a nice lesson in how paying less for something gets you something else for no extra cost.


    Our DD is 12 in October, sheget £8.67 a month - or £2 a week.

    She tidies her own room, sets the table daily these are her chores that she has no choice about.
    When requested she hangs out washing / brings it in / takes the wheelie bins down, helps put shopping away / loads the dishwasher.

    She has leisure club membership at £13 a month which covers her swimming and gymnastic lessons, £3.90 a week for martial arts plus gradings at £28 a time, piano lessons at school are £12 a month in term time, she also gets about half of our child benefit paid into her account, but this is solely for clothes purchases, we are trying to encourage her to budget. Normally she has plenty of money for clothes, but she needed extras for the cruise we went on in summer, so she's a bit skint now and we've had to buy her school uniform for her.
    Member of the first Mortgage Free in 3 challenge, no.19
    Balance 19th April '07 = minus £27,640
    Balance 1st November '09 = mortgage paid off with £1903 left over. Title deeds are now ours.
  • Up until last year when he was 13, my son used to get £3 a week pocket money and £10 phone credit once a month (which had to last!) - now he gets nothing!!! He got himself two paper rounds last summer and earns £22 a week so there is no need for me to give him any money. At Xmas he made around £80 in tips.

    I pay for his clothes, school trips, family days out and essential toiletries etc but if he wants certain clothes or aftershave or a visit to the cinema with his friends then he pays for them himself. I don't even cover his phone top-up now as he has enough money of his own. He is good with money though and will save up to buy what he needs.
  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    My 12 year old gets £25 a month, of this she pays me £10 for mobile which is unlimited everything, so it's never anymore.

    I don't pay for sweets, trips to cinema with her friends, her friends birthday presents, etc she pays for this out of her pocket money.
    Forty and fabulous, well that's what my cards say....
  • When I was 12 I got £5 per week pocket money and my hobbies were paid for. My parents would give me some extra money when I went to the cinema or out for a meal with friends but I would always try to bring back change. I considered that my parents were very generous though and if we went to a big city or shopping centre for the day my Dad would always give me some extra money (£20 or so!). When I was a little bit older my money went up to £15 but I started paying for my dance lessons and bus fares out of that too. Oh, I also got £15 mobile credit as and when I needed it but that was because I always made it last 8 wks or so!
  • inkie
    inkie Posts: 2,609 Forumite
    Mortgage-free Glee!
    I have an 11 year old and she gets £5 per month pocket money (which usually burns a hole in her pocket!),and then £10 top up per month.

    I fund guides and guide outings, and she doesn't do too badly either with trips as she has been to France in the last year with guides. I also pay if she goes to cinema, McD's etc...
  • Jinx
    Jinx Posts: 1,766 Forumite
    Debt-free and Proud!
    edited 16 August 2010 at 12:40PM
    When my daughter was secondary school age (11) she got £30 a month pocket money paid into her bank account. This had to cover trips with mates to cinema, her pay as you go mobile and any 'frothy' items like hair dye, fashion accessories etc that I wouldnt pay for...;)

    Any 'official' hobby was paid for but she paid for her own adhoc trips to swimming pool etc.

    Was just trying to think when I stopped paying this - it was when she went to college at 16 and got a good part-time job.
    Light Bulb Moment - 11th Nov 2004 - Debt Free Day - 25th Mar 2011 :j
  • jess1974
    jess1974 Posts: 1,019 Forumite
    My son is 13, i don't give him pocket money as i pay for everything he does i.e army cadet subs, swimming, cinema trips, train fares, lunches out with mates etc, i also top up his phone although he is quite good with it and does'nt waste his credit.....I am also about to renew his xbox gold memebership so i don't see the need to give him pocket money aswell.
  • VK-2008
    VK-2008 Posts: 926 Forumite
    if you pay for activities etc then £5 a week is more than ample. what does a 12 year old need to buy.
    encourage your child to get a paper round or something similar. make children earn there keep and reward them when they do well. say they do extras around the house like mow the loan maybe give extra for that.
    :A VK :A
  • sock-knitter
    sock-knitter Posts: 1,630 Forumite
    i give my two 15 year old per week, maybe i should give them more,?
    loves to knit and crochet for others
  • my 13yo (nearly 14) gets her dancing paid for £6.50 pw & phone topped up £15pm unlimited txts 350mins nothing else

    she get £5 a week from her nanny

    i pay for all clothes toiletries etc & give her extra money occasionally but she generally pays to go out with her mates with her nannys money

    lou x
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