Am I being too stingy with pocket money?

[Helenmum3]

DD is primary age and we give her £80 a month. I was with friends with similar age kids at the weekend and each of them give their own kids a higher amount.

We aren’t particularly well off, certainly not ‘Mumsnet rich’ but I’d say we are fairly average earners for this day and age. I earn about £50,000, DH nearer &75,000 with bonuses.

I thought £80 was fair personally?

£20 per week in the 90s equates to exactly £55 per week today.

At primary £1 for each year they have lived so 7 years old £7, 9 years old £9. Anything not spent went onto savings.

It sounds a huge amount to me. My year 5 child is meant to get £3 a week, but she’s rubbish at doing her chores so she rarely gets it.

However, I buy all her clothes, the odd toy etc. and that does all add up pretty quickly when they grow! So if that £80 is to cover everything, that’s not so scary sounding. £960 a year though! Just be careful they learn the value of money and aren’t just spoiled.

Per week??!

Blimey!! Thats what we gave our 17 year old!
they got no pocket money at primary!

Here we go with the mumsnetters claiming they aren't well off and earn average.

FYI average wage in the uk is 32k, so between you you're on 4 x that

If you pay then for doing jobs around the house, you're not teaching them they need to contribute as part of the family because you live there.

Surely if the 3 yo is getting £300, the 6 yo should be getting £600.

Blimey - my 16 yos get £100 a month and thought that was generous, we are high earners in London. What is your child spending £80 a month on in primary? Sounds mad to me OP.

Why have you quoted my post and asked me all those questions?

Good point! I'll give them £600 going forward. They were struggling a bit on only £300

I think you can do both. Tidy your room and do the dishes because you are a
Human living in a family. Clean the bathroom? Earnable.

Yes per week.

At 15 I got the family allowance - about £30 a month. It covered all my purchases including school uniform . It would be £90 a month now.

I think by average standards, you actually are loaded, and so is your DD 🙂

You are way above average earners!

I’d say we are fairly average earners for this day and age. I earn about £50,000, DH nearer &75,000 with bonuses. These are well above average salaries.

Really annoys me when people claim they are average when they are not!

As a foster carer we give an amount set by our Local Authority. For a 17yr old that is £15 per week do roughly £60 a month, purely for their own choices. We pay food, clothes, phone etc.

Stand down everyone, the OP just fancies a bit of a boast, and not a very stealthy one at that.

The whole purpose of this is to chat is it not ?

just wondering what they do with £80 a month just seems a lot

why enter a discussion if you don’t want to chat

@Besidemyselfwithworry how could that poster answer all the questions you’ve asked about the OPs children??

Adults still get pocket money at 18? 😮

My child is 13 and gets £20 a month, I pay for his clubs, clothes, activities and if he wants to do anything extra with friends I pay for that too.

But I’m not the OP so why would you quote my post and ask those questions? It looks like you’re expecting me to answer them!?

Correct me if I’m wrong - I think the poster meant, does she save for birthday presents for others out of her pocket money?