Pocketmoney Discussion Thread

Staciep88

Hiya, me and my brother both got £35.00 a month from our parents which is about £8.00 a week, we got paid this until we were 16. They used to pay it into our bank account as savings rather than giving it too us and wasting it on sweets. I think if you were going to give them the money each month then £8.00 is way too much but if its been put away then I would say go for it. Obviously over a year it adds up to about £420.00 but that money really came in handy for me. I had 6 years of it so that was £2500!

Marker_2

To earn pocket money I used to wash up, clean the house, the car, do the ironing, empty the cat litter tray go to the shop for my mum and keep the change I remember for the ironing the biggest amount I earnt was £20 cos there was heck of a lot there, usually though I would get around a fiver or tenna.

I would just give them a couple of quid for any house chores (except tidying their bedroom). I would agree a price before hand as well, save son arguments!

newcook

I never used to really get pocket money from what I can remember but my mom always said if I wanted to go out/have treats I had to tidy my room/help wash up etc. I also used to go shopping for my mom (it made me feel grown up!). When I was 16 I got a weekend job so I had my own money.
Come to think of it all my friends had Saturday/weekend jobs - I always thought it was an unspoken rule that pocket money finished when you were old enough to get a job (apart from a paper-round)…?!

mishmash

I have 15 year old twins and a nearly 14 year old.

They get £20 per month spends. but I also pay for music lessons, football subs, gym membership and stuff. My older 2 work in a resturant and earn a bit more money. My youngest should go on the apprentice, having worked out that my parents were paying £10 per week to have their cars washed he now does it for £8. He also helps the little old ladies known to his great granmother. It started as helping Nana clean and tidy her garden, Nana's friends wanted a few odd jobs doing. He innitially refused to take money but they insisted or threatened not to ask him again, he is now loadsa money.

I expect them to do daily household chores, little things like washing the pots or putting washing on the line, or a wash on. I am pleased they all have a good work ethic and are learning some indipendance skills, I love it when they go to the pictures or bowling with money they have earned they seem to enjoy it that bit more.

Mish

oystercatcher

Ohhh I'll adopt Rusty and MSS !! The more the merrier .:j :j :j

There's a huge stack of ironing and loads of dust bunnies waiting for you ....

I'm sure my boys will fill you in on the worse sides of my personality LOL !!

All I ever wanted was a big house full of children .....something went wrong somewhere and now I have a tiny house stuffed full of (almost) adults , and dogs, I love them all.

I might be a foster mum when the boys have left ....

Oyster (wants more babies ......)

oystercatcher

Seriously, I think it's important for children to have pocket money from a very young age so they can learn about using money and that it doesn't stretch endlessly.
My boys had small amounts weekly from about age 4 or 5 and they could save it up or splurge it as they chose. Once they really wanted an x-box (or something similar I never can get my head round these machines) and they saved around £100 between them towards it so their Dad doubled their money so they had enough. Generally though they have learned to save and wait for things and are very sensible with money ...so far! They soon learned that if it all went on sweeties the moment they got it then it was gone for good! They don't seem to go out and spend all their money on booze like many of their friends.
It seems to me that many (but not all) people on the debt boards have never learned this lesson until it's too late and they are in the trap .

Oystercatcher

paulwellerfan

hi every one.
i am just after a bit of advice please.
basically i have a 15 year old daughter and at present give her £30 per week.
out of this money i expect her to budget for her own clothes.
is this fair?
she feels that it isnt.
( i dont expect her to buy any school uniform or school shoes though)
any advice welcome

vik6525

Good lordy! Id say that was MORE than generous!

arthur_dent_2

Streuth, that is in my opinion more than fair. £1560 a year tax and bills free, it must be the equivalent to you or I earning more than minimum wage. 16 years ago I used to get £25 a fortnight and I considered that to be more than generous. I had to pay for everything 'me'wise except deoderant!

shellsuit

£30 a week??? :eek: :eek:

What does she buy with that and why does she think it's unfair