How much pocket money do you give?

[Yuja]

My DC are 8 and 11 (year 4 and year 6) and I've just got them Rooster cards linked to my own NatWest account. Till now, we've just bought them little treats as and when, but I'd like to start giving them regular pocket money in exchange for a few basic chores each week. My question is how much pocket money are people giving children of this age? It's been a long time since I got 50p a week pocket money so not sure what the norm is now 😂

£20 per month. They are expected to budget birthday/Christmas presents for close family (sibling, parents, GP's) from it.

Edit to add ages: 13 &11

When my 13yo got to high school I gave her the child benefit rounded up to £100pm. But with that she needs to buy non essential clothes and all outings with her friends.

We live right in the city centre so £25 per week doesn't go far when there are coffee shops and clothes shops on our doorstep.

It has saved me money because she knows that there is no more to be given if she runs out.

My oldest is 7 and gets £10 a week, usually spent on magazines or sweets. I involve her in the food shop and give her a £10 budget each week to buy the toiletries she needs - it's a really good way to get her to understand budgeting.

Next is 5, and she gets £10 a week, but it's used when she wants a toy so adds up in her piggy bank. The other 3 dds are too young.

I intend when they're old enough to want to go to the cinema or shopping with friends, to give them £100 a month. We'll cover transport costs if they want to take the bus but they can then buy clothes and makeup or whatever with that budget.

Haha, I feel stingy now! My 10yo gets £4 a week.

@FractiousPangolin it's not stingy at all. You give what you can afford.
Mine got 16per month, and I did it by age, so the younger ones got less. With 4 we had to limit how much we could give. Plus stepson.

My 11 year old get £5 a week but he is not expected to buy anything out of that, we still buy presents that are from him and his toiletries.
He generally saves it up then when we have days out he might treat himself in the gift shop, or he will buy himself a kindle book every few weeks.
On a side note not sure if you pay for the rooster card but if you do the 11 year old can actually have their own bank account that you don't need to pay for, with a debit card attached.

9 year old gets £5 pw and 6yo gets £2.

At the moment we give cash but will probably switch to a card at some point.

We do £5 a week, but load their cards monthly, so sometimes they get £20 and sometimes £25 depending on the length of the month.

DS is 12 and has a bank account now (they can have these from 11), DD is about to turn 10 and has a Starling card linked to my account. My account is only used for this though.

Our 11 year old (year 6) gets £4 a week, our 13 year old (year 9) gets £7 - it increases by £1 at the start of each school year.

13 year old gets his weekly bus fares which allows him to make a 'profit' if he chooses to walk the 1.5 miles to school instead of getting the bus.

Both have it paid directly into their Nationwide current accounts which have debit cards- much easier than having to faff around finding coins as we did previously!

As has been said above from age 11 they can get their own bank accounts with debit cards so can pay contactless in shops etc if needed which is great. Also much easier to ask them to go to the shops to buy something such as milk etc as can transfer money directly form our current account.

Thanks everyone, helpful to see the range.
I got the roosters because as a NatWest customer there is no charge for up to 3 cards, so thought I might as well do the same for both of them. Perhaps once DD is at high school it'll be better for her just to have a standard account.

At about 8 I gave £5.00 I think. But recently I am giving them the same amount as their ages- so £13 and £11 a week. Then I will go up a pound with their age. It seemed to stop arguing between them as the concept was easy enough for them to understand and taps into a sense of fairness for them. They spend it on comics and books (DS1 special interest) and sweets and a costa coffee at the weekends.

Also- there is no norm really. It depends on household circumstances and what they are expected to buy with it I think. If we go to the cinema and they want extortionate popcorn there then they use pocket money but I would probably buy the cinema tickets I guess. If we go somewhere on the bus I would pay for that etc.

£20 a week for DD2 (14) Think she started off at £5 a week as a little kid. Nothing for DD1 now as she is working FT and saving for university.

Primary age £3p/w if they do their one weekly chore. Now the novelty has worn off a bit, they have been saving rather than spending as soon as possible, but I still buy books as and when needed.

Younger one (10) gets £5 per week.

Older one (17) gets £8 "pocket money" but also earns £20 pw doing a regular job for me. He also gets his phone paid for and occasional money towards nights out with friends but never asks for money.

My 6yo gets £10 a month. Really he doesn't spend it. 12yo gets £25 month buys his lunch from McDs on a Friday.

Work it based on the cost of the littlebtreats. Dd has had pocket money since she was 6 (gohenry card) because I got sick I'd requests for the magazines with crappy plastic figures. She had to decide if spending all her money on that was worthwhile (often not). At the time they were between £3.50 & £5 so she got (and still gets) £5 a week.

She is 10 now & required to save at least £1 a week of that for when we do trips out and this year I gave her a savings challenge and she has had to save £30 to help pay for Christmas gifts for her brother, sister and her dad. She has been very good at it and I have agreed to match it if she saves the full amount.

She can earn extra if I don't have to nag her about cleaning her teeth, feeding her cat etc.

Not sure how we will handle it at high-school next year. Maybe £30 a month to cover her social life and I will pay her extra curricular stuff.