ChatterBank3 mins ago
Pocket money
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What's the going rate for a childs pocket money these days ? A couple of weeks ago I overheard a mother in Woolies . Her boy was looking at a toy and she said something like....no you get it with your �20 pocket money I gave you. Is this usual or not ?
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Crikes! �20! When I was growing up I got just enough to get some sweets from the penny tray, a packet of fotty cards with rock hard gum (I was a tomboy) and my copy of Look-in, until I progressed to Jackie in 1977.
�20 seems rather a lot of money when you consider what it will buy you, almost 3 cd's in Tesco for a start!
�20 seems rather a lot of money when you consider what it will buy you, almost 3 cd's in Tesco for a start!
My daughter who's 13 usually has about a fiver. I think that's plenty enough. If she really needs anything, ie for school etc, then I buy it, as it's only fair, and it's a necessity in my eyes. In a year or 2, she'll probably find some part time work, and we'll have to have a review of the situation then!!
Well hang on, the �20 could have been for a month, which means �5 per week. This is not so excessive is it? I know my nieces and nephews get it monthly and are taught to value it so it lasts!
The level of pocket money generally depends on the age of the child and what you are able to afford. No �going rates� as such, since everyone has a varying level of disposable income.
The level of pocket money generally depends on the age of the child and what you are able to afford. No �going rates� as such, since everyone has a varying level of disposable income.
I'm with Octavius..I reckon it might well have been a monthly figure.
My two eldest kids get �20 per month from me, and �10 per month from their grandmother. The grandmother's pocket money is unconditional, however if they don't do their chores then the money I give them is cut. They know that money from me has to be earned, and that any extra luxuries they need must come out of that money.
My two eldest kids get �20 per month from me, and �10 per month from their grandmother. The grandmother's pocket money is unconditional, however if they don't do their chores then the money I give them is cut. They know that money from me has to be earned, and that any extra luxuries they need must come out of that money.
To me it sounds as though it was �20 for a month, which I don't think is excessive. I had my pocket money monthly.
Using jiggy's example, nowadays, a packet of stickers/ gum would be around �1? Sweets, say another �1? And a magazine, I am guessing, around �2. So �5 per week is not really a lot more in comparison, when you think about it.
I was guessing on the prices! As I don't have children I don't know how much sweets/ kids magazines cost so I am happy to be corrected!
Using jiggy's example, nowadays, a packet of stickers/ gum would be around �1? Sweets, say another �1? And a magazine, I am guessing, around �2. So �5 per week is not really a lot more in comparison, when you think about it.
I was guessing on the prices! As I don't have children I don't know how much sweets/ kids magazines cost so I am happy to be corrected!
Hello tigress , that sounds sensible :-)
Pastafreak , booze !! Didn't think of that but you are right , those alcopops or whatever they call them.
No naked men today ...so far ...lol....:-)
Cazzz, that's a good idea to give it to them after they do something for it , like keeping their room tidy.:-)
I gave my son what I could afford , the same as all parents I guess , but I bought his school bits and treats , you are right , an ice-cream for a pound and nearly that for a choc bar.
Hi Octavius , thought of that . It does tend to be dependant on income sometimes , when I was getting my 3p in a family of 8 , I dare say some single child was getting more , or maybe nothing . :-)
xxx.
Pastafreak , booze !! Didn't think of that but you are right , those alcopops or whatever they call them.
No naked men today ...so far ...lol....:-)
Cazzz, that's a good idea to give it to them after they do something for it , like keeping their room tidy.:-)
I gave my son what I could afford , the same as all parents I guess , but I bought his school bits and treats , you are right , an ice-cream for a pound and nearly that for a choc bar.
Hi Octavius , thought of that . It does tend to be dependant on income sometimes , when I was getting my 3p in a family of 8 , I dare say some single child was getting more , or maybe nothing . :-)
xxx.
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Pippa , hello , I wondered that , �5 a week then won't be excessive will it , you sound sensible with your dealing it out too. :-)
My son used to get �10 a week from the age of 14 but �5 before that .
Hi natalie , it wasn't until I posted this thread that I even knew it was given monthly , not until I was thinking about this lads �20. :-)
xx
My son used to get �10 a week from the age of 14 but �5 before that .
Hi natalie , it wasn't until I posted this thread that I even knew it was given monthly , not until I was thinking about this lads �20. :-)
xx
My 9 year old gets �10 a month or �2.50 a week. We felt it was an amount that if he wanted to save up for something like a CD or video game was obtainable in a reasonable amount of time whilst at the same time learning the value of saving.
He has already learned that if you squander it all at once then you have to go without for the rest of the month!
He has already learned that if you squander it all at once then you have to go without for the rest of the month!
Hi bigmamma ~ is all well in your world? :o)
I find it quite amusing when people decide to remark on my children spending their �20 in Woolworths ..they seem to instantly think it is a weekly amount!
My eldest daughter (17) saves hers, whilst my son (14) spends his as soon as it hits his pocket, lol. I hope one day he learns that saving one month and spending the next is a better way of doing things.
I have had to think about upping the 17 year olds money as she is on her 2nd year of college and isn't entitled to EMA. Her friends who do receive EMA have more money than her :o(
I find it quite amusing when people decide to remark on my children spending their �20 in Woolworths ..they seem to instantly think it is a weekly amount!
My eldest daughter (17) saves hers, whilst my son (14) spends his as soon as it hits his pocket, lol. I hope one day he learns that saving one month and spending the next is a better way of doing things.
I have had to think about upping the 17 year olds money as she is on her 2nd year of college and isn't entitled to EMA. Her friends who do receive EMA have more money than her :o(
Hi BM - My brothers, sisters & me used to get 6d for Saturday morning pictures. Then when we started senior school, we used to get 3d a day, going up a bit by time we left. (I was at senior school from 1958-62).
I was one of ten, so money wasn't freely available - mind you, we were well loved, fed & clothed, so that's all that mattered way back then. ;o}
I was one of ten, so money wasn't freely available - mind you, we were well loved, fed & clothed, so that's all that mattered way back then. ;o}
Hi bigmamma, hope you are well
Hi Pippa, the age gap between your children is the same between my brother and i, and every month I would save the majority of my pocket for something "big" (shoes, clothes, etc), yet he would squander his immediately on.... erm..... crap basically! must be something about boys!
Hi Pippa, the age gap between your children is the same between my brother and i, and every month I would save the majority of my pocket for something "big" (shoes, clothes, etc), yet he would squander his immediately on.... erm..... crap basically! must be something about boys!
