Pocket Money

Comms69 · 9 January 2018 at 4:10PM

kerri_gt wrote: »

Its not about working for free, it's about being a contributing member of the household in which they are part of. No one pays me to do the ironing, hoover, scrub the toilet etc.

I started getting pocket money at the age of 5 when I started school. Back then I could either afford a packet of stickers or some sweets. My dad would take me each week to the newsagent and let me choose which I wanted, on occasion he would buy me the item I couldn't afford (with a 'shhhh' don't tell mum) but that was always a treat and I never asked / expected it.

That’s fine, many people do get paid to do those things, they’re called cleaners- not sure why you think their work isn’t worthy of payment?

Each to their own.

onomatopoeia99 · 9 January 2018 at 4:31PM

At that age (early 80s) it was 50p rising to £1. Nothing for chores.

takman · 9 January 2018 at 5:34PM

oystercatcher wrote: »

The amounts are irrelevant now as time has passed..... but when they were teens I gave them monthly pocket money by direct debit so they learned to manage a bank account too.

I can guarantee that you didn't

kerri_gt · 9 January 2018 at 5:52PM

Comms69 wrote: »

That’s fine, many people do get paid to do those things, they’re called cleaners- not sure why you think their work isn’t worthy of payment?

Each to their own.

Cleaners get paid for going into a property that is not their own to clean it - no one pays them to clean the home they live in.

onomatopoeia99 · 9 January 2018 at 6:14PM

takman wrote: »

I can guarantee that you didn't

It does seem unlikely that the child(ren) would be a direct debit originators.

Fireflyaway · 9 January 2018 at 7:23PM

I never had pocket money, my parents just bought me what I wanted (within reason!). I think that was a mistake. I didn't value how hard it is to earn money.
I give my 11 year old £40 a month. I find she is really responsible making sure her balance doesn't drop too low and she is more calculated when she makes purchases, looking for a bargain etc!

Kim_13 · 9 January 2018 at 7:42PM

AndyBSG wrote: »

Just out of interest, what age do parents start giving kids pocket money?

My two are both too young at the moment to even understand the concept of money and I have no idea when to expect them to be wanting their own money!

I think I started getting pocket money when I was about 7, as my parents opened my first savings account at that age. Not that I was very good at saving it back then!

onomatopoeia99 · 9 January 2018 at 7:52PM

Fireflyaway wrote: »

I give my 11 year old £40 a month. I find she is really responsible making sure her balance doesn't drop too low and she is more calculated when she makes purchases, looking for a bargain etc!

I wasn't even getting 40p when I was 11!:rotfl:

NineDeuce · 10 January 2018 at 11:37AM

Comms69 wrote: »

That’s fine, many people do get paid to do those things, they’re called cleaners- not sure why you think their work isn’t worthy of payment?

Each to their own.

Why cant they do it out of kindness?

OnTheLadder · 10 January 2018 at 1:10PM

When growing up me and my sister got an amount equal to how old we were at the time. So when I was 10 I would get £10 a month, while my sister at age 7 would get £7 a month. My parents also paid our phone contracts. We were expected to help out with the household, while this was not directly related to our pocket money, my parents would threaten to/take it away if we had misbehaved.

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