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Parenting

Pocket money for 7 year old - how much?

14 replies

Jemster · 27/09/2014 07:35

We're thinking of giving pocket money to ds 7 but I have no idea how much so am interested to hear what other people do.
Also do you link it to behaviour so they get more if they've been good or less if badly behaved?


Also do you

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TheFirstOfHerName · 27/09/2014 07:50

7 years old = 70p per week.
Not linked to behaviour or chores (they have to do those anyway).
They can earn more by doing an 'above and beyond' job like washing the car.
They can be fined a small, token amount to replace lost or damaged property.

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LadyWithLapdog · 27/09/2014 07:54

I give mine half their age, so the 7 year old has £3.50 weekly which I usually find around the house and put in my purse and give it out again the following week. Sometimes she takes it with her into town but most often forgets all about it. Unlike her siblings who know exactly where their money is and whether I 'owe' them any.

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feetheart · 27/09/2014 08:04

We start at £1 when you are 5 and then 20p increase at every birthday so £1.40 at 7. DS(8) gets £1.60 and DD(11) gets £2.20 though we probably need to look at that one soon.
No links to chores etc, they are expected to do those anyway, and no link, as yet, to behaviour as removal of DS or tablet is far more effective :)

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fuzzpig · 27/09/2014 08:19

DD started getting pocket money on her 7th birthday, gets £2 a week. It will increase by 50p each birthday.

I wanted to start at £1 (somehow £2 seems a lot!) but then I figured we want her to learn to save, and considering it would take a month to save up for even a magazine, I worried it might be so slow as to be a bit disheartening IYSWIM?

It's not linked to chores, both her and DS (who is 5 so not getting pocket money yet) are expected to help when asked. The only thing that can make DD lose her money is if she's really naughty (she has occasional epic tantrums where she hits a lot), this has happened a few times.

I think the amount also depends on what they get regularly anyway, like some DCs will get regular magazines or be allowed to choose some sweets at the supermarket or whatever, or they might get a fiver from grandad every time they visit, etc.

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Sleepysheepsleeping · 27/09/2014 08:24

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Hulababy · 27/09/2014 08:28

At 7 dd's pocket money was £2 a week. It started at £1a week aged 5 and went up by 50 p each birthday.

Not linked to chores as they are expected anyway just because she's part of a family. But reserved the right to dock pocket money for poor behaviour etc if necessary.

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Putmedownsaidthefish · 27/09/2014 08:33

We always forget pocket money! Blush we have started so many times then it tails off. I was thinking I might give them a fiver a month? Or £1 per year age, so £7 or £9 per month? Does that sound ok? Sorry for hijack!

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FiveGoMadInDorset · 27/09/2014 08:38

DC's get £10 per month 8 and 6. Not linked to behaviour.

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Meglet · 27/09/2014 08:39

We've just started. DD gets a £1 a week and it's docked for really bad behaviour.

He also gets an extra 20p a day if he's ready for school on time. Big chores (brining the bins in, putting the shopping away etc) earn him a few more pennies too.

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mydaftlass · 27/09/2014 08:39

£1 per week here. Not linked to behaviour.

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MrTumblesBavarianFanbase · 27/09/2014 09:01

We do a euro per week for each school year (1euro for year 1, 4 euro per week in year 4 etc). This seems to fit quite well with how much use they actually have for money and how capable they are of planning out saving up for something specific whilst still having some spending money.
My 9 year old writes budgets and has successfully saved up for a larger item and also goes to the village shop by school, but 7 yo hasn't spent his pocket money and just puts it in a box with no specific plan.

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MrTumblesBavarianFanbase · 27/09/2014 09:05

Not linked to behavior or chores, no -use a marble jar tied to outings they want as a group for that - 3 kids and bad behavior tends to be squabbling, plus there are still outings they all want to go on, so for the moment behaviour is better approached on a group basis :o

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Jemster · 27/09/2014 09:18

Thank you all that helps alot. I will chat to dh later about it.

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BlueChampagne · 29/09/2014 13:35

£1.50 not linked to chores (though some basics such as putting clothes away are expected as part of the civilising process) with the opportunity to earn more for helping in house/garden.

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