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Parenting

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Too young for pocket money??

26 replies

popgoesperfection · 10/09/2021 09:09

What are your thoughts on pocket money? What age? And how much?
Ds is nearly 7, and always sees things he wants on tv adverts. Last night he saw a toy he wanted so I said to him well maybe you can have it for birthday/Christmas and when your a bit older you'll be able to help with 'jobs' in the house and get pocket money. To which he asked what's pocket money. I explained that he'll have a 'job' to do each day and at the end of every week he'll get pocket money. Que him saying right what job can I do then, and I can save my pocket money up to buy my own toys. Me and his dad decided that he can make his bed and open his curtains every morning and on a Friday we'll give him £5. But now I'm thinking is he too young? He's quite mature for his age and in the bigger picture I feel it will teach him the value of money and that he has to help in the house hold, not everything is done for him.

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PlanDeRaccordement · 13/09/2021 20:25

@Snozwanger
Before the pandemic we'd been giving him £2.50 a week (with no conditions) but it seemed to keep building up until he had loads so it felt like too much.

You’ve got a natural saver! This is great. Don’t penalise him for saving by taking it away. I don’t think it’s too much at all.

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