Pocket money for a 12 year old and bank accounts?

CATS

*Louise* wrote: »

Fingerprint recognition for school dinners- that's one way of getting all the local youths fingerprints on file...:rotfl:

You know I never thought about it that way :eek: and with parental consent as well

aliasojo

CATS wrote: »

Hi OP,
My 12 year old son gets £10 a week pocket money. I also pay £100 per month into his school dinner account .....

:eek: Must hide this thread from 12 year old daughter and OH. :rotfl:

That's a fiver a day. My OH takes sandwiches to work and daughter gets £2.50, if she's not happy with that, she gets a packed lunch instead.

*goes off to consider how tight I'm being*

Nicki

DS is 12 in a few weeks time. He gets £5 a week. We obviously pay for his school dinners separately and any school based activities. He has a PAYG phone which he barely uses, but we top that up for him when requested. We also regularly buy him and his younger siblings new books of their choice, as I think that easy access to reading material which interests them is one of the biggest investments you can make in a child's education. Any computer games, sweets, chocolate, etc are his own responsibility and come out of his pocket money, unless he has a birthday or Christmas coming up and requests them as a gift, though for a highly desired game, we would let him have an advance on pocket money to buy it on its release date, but he then has to pay back that advance over the next few weeks.

Lunar_Eclipse

My daughter is nearly 12. She has just had (this month) a pocket money increase to £20/month. This is used for occasional socialising, books, accessories (scarves & bags), lipgloss, toys, iPhone apps etc. She also buys the odd item of clothing.

In addition, we are currently topping her phone up as required, approx £10/month, but I need to review this to either get it included in her allowance, or switch her to a (capped) contract.

Her pocket money is not tied to chores, but we expect her to chip in as part of the family: clearing the table, tidying up (she cleans her room) and emptying the dishwasher most days etc.

Sounds like she's not comparing that favourably financially, but I don't really want her coming up with ways to spend money. I'd like to curb her consumerism for as long as possible.

*Louise*

aliasojo wrote: »

:eek: Must hide this thread from 12 year old daughter and OH. :rotfl:

That's a fiver a day. My OH takes sandwiches to work and daughter gets £2.50, if she's not happy with that, she gets a packed lunch instead.

*goes off to consider how tight I'm being*

You're not being tight!!


If you are then I am as well cos that's how much my DS gets......:rotfl:

**curlywurly**

My daughter age 12 gets £5 per week, paid by standing order into her Natwest account. I, like others, have found that this curbs her spending because she can't see the money! In addition, I pay £7 a month for her Blackberry (if she goes over her very generous texts/calls allowance she has to pay me). In return she has to do anything I ask her to do, although in essence this really means clearing the plates away, helping make meals etc - nothing too onerous. She also has to do all homework on time without moaning ...... I give her extra if she does anything particularly onerous, and I also give her a bonus if she gets a special housepoint award (which is about once a term).

On top of that, I pay for her school friends' birthday presents (within reason), £5 a week in term time for her trip into town (I turned down a request to increase this to £10). I pay for all her essentials - toiletries, clothes etc - but if she wants expensive labels she has to save up and I have educated her in the art of Grabbits and sales. I also pay for school trips.

When she turns 13, I will give her a rise - not sure what to.

I overheard her on the phone the other day discussing pocket money with a friend. Some girls in her year (who are 13) get £100 a month (and there are 3 sisters in that family). That sounded a lot to me, but then they apparently pay for EVERYTHING themselves. I did feel a bit mean for a moment until I heard her say "I am very grateful for what I am given". I don't think she knew I was listening, so I felt a moment of pride...

balletshoes

embob74 wrote: »

At the local high school they have a prepayment system where you can load money on by cash or cheque at the school but also online
The children have a card which they swipe but also use a thumb print recognition machine. That seems a bit high-tech to me and I'm starting to think the kids have actually made that bit up :rotfl: but if they haven't it's very secure lol

no, they haven't made it up :rotfl: - thats what they do at the school my daughter will be going to this year too.

balletshoes

aliasojo wrote: »

:eek: Must hide this thread from 12 year old daughter and OH. :rotfl:

That's a fiver a day. My OH takes sandwiches to work and daughter gets £2.50, if she's not happy with that, she gets a packed lunch instead.

*goes off to consider how tight I'm being*

no necessarily - it depends how much a school lunch costs, and thats different depending on the school isn't it, when it comes to secondary school.

I like the 50p for every year of your age idea. And around £3 a day for school lunches, which I will load onto her school system.

building_with_lego

*Louise* wrote: »

Fingerprint recognition for school dinners- that's one way of getting all the local youths fingerprints on file...:rotfl:

I have fingerprint recognition to clock in at work and was a little startled when they mentioned it. It turns out that they don't actually store your print; they turn the print into a matrix of 1s and 0s and then when you log in afterwards it matches the matrix of your thumb today to the stored matrix. Phew!

aliasojo

**curlywurly** wrote: »

I did feel a bit mean for a moment until I heard her say "I am very grateful for what I am given". I don't think she knew I was listening, so I felt a moment of pride...

You know you've done something right as a parent when you hear stuff like that.