I was just wondering how much pocket money/allowance people give their teens. We give my 13 yr old DD £30 a month BUT she needs to buy everything from that except school uniform, school equipment, basic clothes and toiletries. In my opinion it is the best thing we have done for her she has learnt the value of money and is so savvy with what she spends, no 1000's of lipsticks or novelty socks anymore!!! I used to just give her money when she went out with her friends and she would end up spending the lot on crap. It also meant I always had to have cash available to give her. We now just transfer the money across on the first of every month. I can see what she spends on contactless as have the app on my phone.
The problem we have though is she is now being bullied for being rich because she is reluctant to spend it now as is her money not mine all her mates always ask her for money she doesn't give it but they are calling her "the rich bitch".
It has really been the best thing for her and she has so much money saved now for some new trainers but it is affecting her friendships. Other parents think I am mad!!! If it works for us isn't that ok!!