Pocket money for a 12 year old and bank accounts?

**curlywurly**

aliasojo wrote: »

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

Hahaha! I hope you're right. I do of course have the dreaded teenage years to come, when all that may change ...

SingleSue

All mine have had their pocket money paid into their own bank account for a few years now, think youngest was around 9 or 10 when we started doing it that way, it was easier that way and taught them how to budget.....and made it easier for them to save.

They have to do jobs around the house to earn their money, like making a cup of tea, washing up, taking rubbish out etc.

rachbc

13 yo £30 pm paid by standing order into a co-op account. He has had a bank card since he was 11. I buy his basic clothes, he pays for everything else. Thinking about upping it to £50 and he has to buy his clothes too