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What is the going rate for pocket money for a 5.8 year old?

21 replies

CountessDracula · 18/05/2008 20:29

I have NO idea

Just starting pocket money (with a tidy room chart - if her room is tidy(ish) she gets a tick and x amount)

So something divisble by 7 would be good
Is £3.50 about right?

OP posts:
Hulababy · 18/05/2008 20:39

DD got £1 a week at age 5y, and it goes up by 50p per birthday.

£3.50 a week is way more than any of DD's friends get.

lisad123 · 18/05/2008 20:41

50p for my 5 year old! Would she be allowed to spend on what she wants?? £3.50 worth of sweets sounds bad idea

morocco · 18/05/2008 20:42

gosh, we just give a pound a week so long as room is tidied over weekend, or non if not tidied. plus we pay about 50p for sweetie day on fridays so he gets to save up the £1 for toys. his gran has started giving him a pound every now and then as well

ChipButty · 18/05/2008 20:45

DS 6 gets £1 for doing stuff like putting dirty clothes in basket, emptying his lunchbox and clearing his dishes from the table. Occasionally gets pocket money from Great Grandma of around £2.

CountessDracula · 18/05/2008 20:45

Oh I was thinking more of her getting 50ps worth of sweets and then saving the rest for things like sylvanians, books etc.

She is not particularly into sweets I must say, she is more into toys! If she only has £1 it would take a long time to save for a sylvanian family for eg

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nellyraggbagg · 18/05/2008 20:48

OMG. DS (just 6) doesn't get a bean.

I am most definitely a bad mother!

Hulababy · 18/05/2008 20:48

How often do you want her to be able to buy something like a Sylvanian item? And how much are they?

Work it out backwards as to how much you think it enough.

DD usually saved all hers and adds other bits she may get such as from grandparents very occasionally. And she gets to have allthe 1p, 2p and 5p coins at the end of each week as neither me or DH can be bthered with carrying pocket full of them around.

She gets to buy something roughly every 6-8 weeks or so.

cece · 18/05/2008 20:52

My 7 year old doesn't get any pocket money as such but during the summer months if we go to a car boot then her and DS get a £1 each to spend while we are there.

CountessDracula · 18/05/2008 22:35

OK have decided on £1.50, 50p max on sweets

OP posts:
CountessDracula · 18/05/2008 22:36

allegedly the average for 7-12 yos is £6.30 a week look

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AtheneNoctua · 18/05/2008 22:52

We don't do pocket money, but DD (5) surely gets more than than £7/week in treats/toys/clothes (not including clothes she genuinely needs)

jamila169 · 18/05/2008 23:01

I gave DS1 a pound at age 5 and it's gone up to a fiver now he's 9 - it'll stay there for a good while now though!

Alambil · 19/05/2008 00:29

DS is 5.7 and gets £1 a week if I remember! (sometimes Grandma gives him an extra £1 too)

Buckets · 23/05/2008 16:24

DD is 5 next week, I'm not planning to offer pocket money, just wait until she suggests it. Not looking forward to having to organise all that change every week!

PrettyCandles · 23/05/2008 16:34

My 5yo does not get pocket money. 7yo started getting pocket money as one of his birthday presents. I don't see the point of giving them pocket money until they can do sums! And I never peg the money to rewards or household participation. Though I did withdraw ds1's pm for 3w to pay off him breaking his brother's toy by doing something with it that I had expressly told him not to do.

Anchovy · 23/05/2008 16:43

Ds is 6 - in year 1 - and gets 60p a week. He also gets a sly £1 from my dad every time he sees him, which I am not supposed to know about, LOL. His teeth are currently a major source of income at £1 per tooth and £2 for the front ones.

Yes, it takes a long time to save up for, eg, a Bionicle - that is sort of the whole point!

Pocket money is not linked to specific tasks, but there is an understanding that he has "responsibilities" around the house which his younger sister does not have, and that getting pocket money is the flip side of that.

Sweets are not something that they buy or eat .

To date, he is a model of fiscal prudence!

mumeeee · 24/05/2008 21:15

£3.50 is much to much for a 5 year old. My brother gives 15 per year of age per week. So a 5 year old would get 75p.

bozza · 24/05/2008 21:32

£3.50 seems like a lot. My 7yo gets £1. I think it might need to go up in a bit. And it is rather unfair as my just 4yo also gets £1. However they are not allowed to buy sweets. I buy them sweets as and when.

hoxtonchick · 24/05/2008 21:47

ds who's 6 gets £2/week. he's pretty good at saving, though blew £10 on a lightsabre last week.... we paid him extra to help clean the car last weekend (though frankly being let loose with the hose was reward enough. i suspect the postman is still wet ), which he thought was marvellous & he's now developing a business plan to wash the cars of everyone we know .

wolfjane · 24/05/2008 21:56

I'm lucky, my 7yrold{7 today actually, i can stiil remember every detail! and so can my flabby belly!] he has asd and hasn't a clue how much money is worth, he is not interested in pocket money but when the tooth fairy comes he is more impressed by a few 1 pence peices than a 1 pound coin,so i am making the most of it until he works it out! hopefully he won't ever remember how tight i've been and feel conned! well, as a single mother of two i need to save the pounds more than the pennies!

Dottydot · 24/05/2008 22:04

good grief - £3.50??!! My 6.5 year old would want to move in with you immediately!

He gets 50p a week to spend on whatever he likes and 50p a week to put in his holiday jar. He tends to save for a few weeks and either by Match Attax or I'll go halves with him on more expensive things.

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