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Pocket money for 14 year old

12 replies

Headachefromhells · 10/03/2022 06:22

I'm about to move house with my 14DD to an area where she's going to be able to meet with friends and have a better social life. We currently live very rurally.
Along with lots of rules I'm putting in place about times home and where she can and can't go, I want to give her a weekly pocket money.
With which she can be responsible for friends presents on their birthdays, hair care, perfumes, makeup, extra bits of clothing, days out with friends (shopping, coffee etc) and so on. She might need to pay for the odd bus too.
I'll obviously do deodorant, shampoos, the basics.
I can afford £30 per week but I think that's too much.
I want her to start saving for things she wants but not go crazy spending for the sake of it. She's normally quite good with money but will now have more freedom to spend.

Any thoughts welcome.

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ISayItLikeItIs · 10/03/2022 11:12

IMO £120 a month just for pocket money is a bit too much for a 14yo. However if you can afford it then I say its up to you...You said you want her to start saving so are you gonna monitor how she spends it? How will you know she's saving and not buying silly things just to waste money?

DSGR · 10/03/2022 11:15

That’s quite a long list of things to do on £30 a week, I don’t think that’s an excessive amount. A trip to the cinema costs a bomb round here. Maybe start on £100 a month and see how she gets on? I don’t think you can force her to save, she needs to work that out for herself though trial and error

InDubiousBattle · 10/03/2022 11:18

I agree with DSGR, I'd start with £100 a month and ese how she gets on. I'd give it monthly (rather than weekly)too, so she can budget ahead. If she goes crazy and blows it in the first week then she'll be skint for the rest of the month!

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rachelohrachel · 10/03/2022 11:18

My 14.5yo son gets £30 a month but doesn't such a long list to spend it on (McDonalds, friends' birthdays, toiletries). I was going to try and raise it soon to around £50 or £60 to include clothes (not underwear, school clothes or shoes) but I am not sure now if we can afford to with price rises and I also want to encourage him to look at getting a p/t job in the next year or so.

MidnightMeltdown · 10/03/2022 11:35

Blimey that seems like a lot of pocket money for a 14 year old. When I was a teenager in the naughties I got £5 per week, but I'm not sure what the going rate is these days.

£5 didn't go far, but we were expected to earn money for extras ourselves. Most of my friends had paper rounds at 13 or 14.

If you're giving £30, maybe give her some jobs to earn it? That way she will learn to value it more.

Lottie917 · 10/03/2022 14:12

Could you do maybe £40 a month (monthly amount so she can budget ahead) and if she needs/wants to earn more have a list of jobs and how much extra they'll get her for the month. i.e. Hoover the house once per week = extra £5 for the month, etc.

Chely · 10/03/2022 14:17

Our 16 year old gets £15 a month + £10 for her phone paid in to her bank. My parents give her a little on top of this (only found out about that recently), I was wondering how she could afford the stuff she was buying Hmm.

Einsteinsong · 10/03/2022 14:21

My 15 year old gets £40/ month plus we pay phone. That covers trips out with friends and entertainment. We tend to buy clothing but they save up for some bits they particularly want too

TheTurn0fTheScrew · 10/03/2022 14:26

mine gets £40 per month, with a similar list of expectations. I buy a reasonable range of clothing, she's welcome to help herself from the stock of supermarket toiletries in the bathroom, and pay for a basic phone and SIM, so all the essentials are covered.

She tends to spend nothing most weeks, and then has a monthly trip into town with her mates, gets KFC and picks up a new top, some jewellery or some anime books. Cinema/bowling etc is more often something that someone will do for a birthday, with a few of them funded by the birthday person's parents.

Beamur · 10/03/2022 14:28

I pay for my DD's bus pass, phone, most of her clothes and her regular hobbies. She get a pretty nominal amount of pocket money as a consequence! She buys sweets, books, art supplies, odd bits of clothing (charity shops usually).
We've never really done pocket money for chores either. If she needs money we give it to her and if we ask her to do chores she does them. She's not terribly materialistic and doesn't spend money on make up or expensive clothes. She did buy herself some really nice sandals last summer but she's got money unspent in her bank account. She buys her own gifts for friends/family for Xmas/birthdays.
Generally speaking I think having a bit of financial independence is a good thing, just depends what works for you.

MrsLegend · 10/03/2022 14:40

My friend is a foster carer and is told how much to give the kids. At the age of 14 she gives them £8 a week.

However, this is literally just for them to do what they want with.

She also buys them clothes etc and will give them money to go out. If they meet with friends at the weekend she gives them money for bus fares and to buy lunch.

BiBabbles · 10/03/2022 14:40

At 14, mine get ~£8pw plus a monthly bus pass and their phones. I've been using this as a rough guide.

They can also 'bill' me for anything they've bought or done for the household that we've agreed to and sometimes I'll add some on top. This is easy with them having a debit card current account and bank apps. This also means we can go through and discuss their spending from time to time.

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