At what age should teen grandsons pocket money be stopped?

jamiehelsinki

If he's at university and you can afford to give the money then I would continue.
I would say when he finishes education/ starts working would be a good time to phase it out but warn him in advance the payments will be finishing.

elsien

Even if you stop giving to the older, you're not going to give a six year old the same amount as a teenager, surely?

LMG1305

If you can afford it I would say to keep giving him this money to help him along his way in university. Or maybe you could tell him you will be stopping these payments but instead will save each payment up and give to him as a lump sum at the end of each completed year at university. Or the other alternative is as suggested below, get the amount in supermarket vouchers so that even if he ends up spending all of his own money on going out with his uni friends, he still has food in the cupboards.

Mojisola

LMG1305 wrote: »

Or the other alternative is as suggested below, get the amount in supermarket vouchers so that even if he ends up spending all of his own money on going out with his uni friends, he still has food in the cupboards.

I'd keep giving him the cash - show you trust him to use it wisely.

If he's going to waste the money, he'll still do it even if you send supermarket vouchers - they can be sold to other students or he could spend all the money on booze!

Candyapple

PeacefulWaters wrote: »

I've just given my 30 year old and 27 year old step kids an ad-hoc £250.

It doesn't stop being a useful sum for them.

The simple answer to your question is that it's up to you.

Totally off topic but wow, I had always assumed you were in your thirties PW :rotfl:

davidwood123

I'd stop the payments and tell them if they work hard and do well at uni you'll buy help them buy a car/lump sum at the end. (or even a house deposit....something that will really make a difference)

That way you'll be teaching them that money has to be earned.

Learning the value of money will help them throughout their lives.

If you carry on giving them the lump sums they will probably just spend it on bit and bats.

PeacefulWaters

Candyapple wrote: »

Totally off topic but wow, I had always assumed you were in your thirties PW :rotfl:

Well, the ex-wife is a tad older ...

<flicks back hair>

<remembers the hair went about thirty years ago>

[Deleted User]

If you can afford it, stop when they get a full-time job after graduating.

gettingtheresometime

I'd be tempted to keep paying the pocket money until he graduates....but have that I'll keep paying it until you graduate conversation.

Marvel1

What age did you start the others? Start the 6 yr old the same age then.

Whatever age you stop the eldest, do the same for the others.