'How much pocket money do you give to your kids?' poll discussion

metalgal

my DD is only 7 months so thats not an issue for me yet.

When i was child i didn't get a set amount of pocket money each week, i asked and i got. As a teenager i got more spending money for cinema going out but every now and again i went shopping for clothes, which i didn't pay for. When i was 17 i got £20 on a monday for school dinners and coffees after school, £30 on saturday for shopping (this excluded clothes, make-up, toiletries and getting my hair done, and £20,£40 if it was going out out, for saturday night. I was spoilt rotten. Didn't do me any good.

I read a quote the other week which i intend to stick to

"If you want to raise a good child spend twice as much time with them as you think you should and half the amount of money."

Chef1980uk

I was similar to Metalgal. Never had pocket money as such, just got what i always wanted, and more so. And again, its done me more harm than good when it comes to money and the value of.

So obviously having 3 kids i want them to learn and respect money and to understand its full force of destructibility and that it isn't an endless stream. The eldest is only 2 & 1/2 so not quite ready to learn just yet but yea trying to teach from my experience so that they get the right message is gonna be tough as i only know one way.

sparrer

In the 70/80's I gave my children 10p for every year of their age, plus 10p per household chore until they got Saturday jobs and paper rounds, which they could do at 13 back then.

I got a penny - old money - for each year of my age, I thought I was the bees knees when I was 12 and got a whole shiny silver shilling! (Five pence to you young 'uns )

FATBALLZ

Well this poll was a waste of time, putting a 'i have no kids' option for people who are OCD about voting in polls even with no relevance to them. So it's by far the top answer and nobody is going to care enough to properly compare the other (actually useful) answers.

weano_2

Never gave my two any pocket money.

They got what they NEEDED when they needed it plus occasional chocolate. They also decided at a very young age to save all their money that they got as presents and, at the ages of 19 and 21, have a v. large savings pot. When asked at the ages of 10 and 8 if they were saving for a car they both said they were saving for a house!!
Both are now students and work for their beer money etc in the holidays, invest their (small) student loan and we pay their rent and food.

Works well for us.

Jublie_Portwear

I have two girls, one just about the reach 16 (:eek:) and the other 10. The youngest gets £5 per month, the eldest gets £15. The difference is because the eldest has to maintain her payg mobile 'phone, buy presents for friends and any 'extras' such as make up, non-school shoes etc. The youngest won't get a 'phone until she is in high school, but she does have to buy friends presents and any other extras. She doesn't need to buy so many 'extra' clothes because she gets her sisters cast offs. They don't have allocated chores, but they are expected to help out when needed.

The great thing about this site is that you always find out something new. I have just found out that there is such a thing as EMA. :j I'll be looking into that more closely. It would make a big difference to our eldest who is aiming to go to Uni - she could have some savings as a booster. Thanks guys!

sdooley

How are the kids of the 12 people who give them £1.50 pw and expect them to buy their own clothes from it getting dressed in the morning!

rosalie-lavender

sdooley wrote: »

How are the kids of the 12 people who give them £1.50 pw and expect them to buy their own clothes from it getting dressed in the morning!

Well if they are anything like my three perhaps they don't bother. Theres nothing mine like more than a pyjama day.:rotfl:No good on school days though. On £1.50 a week they can't be into designer brands can they?

Former_MSE_Dan

The poll has now closed - thanks to everyone who voted. Here are the results...

0. I’ve got no kids
26% (2907 votes) 01. My kids are over 18
4% (486 votes) 02. Kids 0-12: They don’t get it regularly
14% (1537 votes) 03. Kids 0-12: It completely depends on the chores they do
3% (384 votes) 04. Kids 0-12: 0p - 25p
2% (192 votes) 05. Kids 0-12: 26p - 75p
1% (106 votes) 06. Kids 0-12: 76p - £1.50
5% (521 votes) 07. Kids 0-12: £1.51 - £2.50
6% (635 votes) 08. Kids 0-12: £2.51 - £4.50
4% (396 votes) 09. Kids 0-12: £4.51 - £7.50
4% (458 votes) 10. Kids 0-12: £7.50 - £12.50
1% (121 votes) 11. Kids 0-12: £12.50+
1% (65 votes) 12. Kids 12-18: They don’t get it regularly
3% (378 votes) 13. Kids 12-18: It completely depends on the chores they do.
2% (203 votes) 14. Kids 12-18: They have a job and get money from that
1% (124 votes) 15. Kids 12-18: (don’t buy own clothes): 51p - £1.50
0% (33 votes) 16. Kids 12-18 (don’t buy own clothes): £1.51 - £2.50
1% (127 votes) 17. Kids 12-18 (don’t buy own clothes): £2.51 - £4.50
2% (228 votes) 18. Kids 12-18 (don’t buy own clothes): £4.51 - £7.50
7% (771 votes) 19. Kids 12-18(don’t buy own clothes): £7.51 - £12.50
5% (500 votes) 20. Kids 12-18 (don’t buy own clothes): £12.51 - £22.50
2% (221 votes) 21. Kids 12-18 (don’t buy own clothes): £22.50+
1% (120 votes) 22. Kids 12-18(must buy clothes): 0p - £1.50
0% (13 votes) 23. Kids 12-18 (must buy clothes): £1.51 - £2.50
0% (5 votes) 24. Kids 12-18 (must buy clothes): £2.51 - £4.50
0% (8 votes) 25. Kids 12-18 (must buy clothes): £4.51 - £7.50
1% (68 votes) 26. Kids 12-18 (must buy clothes): £7.51 - £12.50
1% (119 votes) 27. Kids 12-18 (must buy clothes): £12.51 - £22.50
1% (102 votes) 28. Kids 12-18 (must buy clothes): £22.50 - £35
1% (57 votes) 29. Kids 12-18 (must buy clothes): £35+
1% (113 votes)

Total Votes: 10998

Trialia

When I was a kid (not so long ago - I'm 24 now) neither I nor my sister got any regular pocket money, just the five pence pieces my grandmother saved for the two of us, which totalled about £1 a week up until I was 11 (when she died). After that, no regular pocket money, but if I asked for something special I might get it if my parents could afford it and I'd been well-behaved.