How Much Pocket Money?

[p4pedro]

It gets worse, my kids never got pocket money they had to earn it. Now my eldest is at uni I set up a direct debit from my account for £100 a week keep him fed or watered.

peter

[pilchardthecat]

p4pedro said:

It gets worse, my kids never got pocket money they had to earn it. Now my eldest is at uni I set up a direct debit from my account for £100 a week to keep him fed or watered. buy him beer and fags and hash and Es and whizz and charlie

peter

[staceyb]

Nothing, unless she works for it.

[Iain328]

My 14 year old daughter is on £15 a month. How much you give them also depends on what you expect them to cover the cost of. In our case that's basically nothing so its just spending money - which, mostly, doesn't get spent ! '. On the odd occasion she does something like go to the cinema with her friends then we'll cover the cost of that seperately. Same as I pay for her mobile top-ups (which keeps the costs from getting out of hand because she has to come & ask for it).

Her 12 yr old brother is on £12 a month.

Edited by Iain328 on Sunday 14th November 22:46

[Acehood]

I used to get by just fine on 50p a week.

[Colonial]

Acehood said:

I used to get by just fine on 50p a week.

Yes, and just like all the other comments of a similar nature, I bet that 50p bought more than 50p would buy now.

[HOGEPH]

It were all trees around here when I were a lad...

[stitched]

staceyb said:

Nothing, unless she works for it.

This.
You give them money they will spend it on ste and ask for more, if they have to earn it they value it more and tend not to blow it.
In my experience.

[scannellski]

I don't have children, so I don't claim to know anything about it. However, you get a monthly child allowance thingy off the guvverment right?
Why don't you just explain to your offspring that this is what our gov't think is necessary to bring up a kid in today's world.
Presumably you'll still spring for bed and board, running it to school, picking it up from parties in the middle of the night, its phone bill and feeding and clothing it?
So pass on you allotted £30 a month or whatever and teach it a bit about responsible use of money etc. it might even learn something (?)
Treat it like an allowance.
Better still, give it an incentive by allowing it to earn more money by doing chores about the house. Or charge it petrol money for every late night taxi run you have to do. Give it an idea what real grown up life is like.
It'll hate you at first, but then all teenagers hate their parents, right?
Probably be OK in the end though, unless it hates you forever and lets you rot in a nursing home, dolling out fivers for you to spend in the tuck shop on a Friday.

Edited by scannellski on Sunday 14th November 23:27

[NoNeed]

My 14 year old gets £20 a month that can rise to £50 with a certain amount of chores.


The most she had was £35 I think lazy little st she is

[ShadownINja]

I was about to post that it depends what message you want to give the child. Every action you take programs a child on a subconscious level, so if you give too little, you might be encouraging them to have a poverty mentality (which either means they'll never have aspirations or be really, really good at saving), give them too much and they'll think they can live a life without hard work, make them do laborious tasks and they'll think that to earn more you have to work more (as opposed to working smarter), give them too little for their chores and... argh!

Having kids is far too much like hard work and responsible a thing for me to do. I will worry about it if I have any. *rubs sore head from thinking*

[Colonial]

NoNeed said:

My 14 year old gets £20 a month that can rise to £50 with a certain amount of chores.


The most she had was £35 I think lazy little st she is

I had to hit quote to see what word you actually used to describe her.

Got my hopes up.

[NoNeed]

Colonial said:

NoNeed said:

My 14 year old gets £20 a month that can rise to £50 with a certain amount of chores.


The most she had was £35 I think lazy little st she is

I had to hit quote to see what word you actually used to describe her.

Got my hopes up.

lmao both my girls have been quite good in that way. They have however brought friends around that were not dressed how I like mine to dress.

[al1991]

I was on £20 a month at that age.

But, my clothes and phone were paid for. So the £20 was just for 'having' although it went on beer and fags.

Kid who gets £50 a week - shocking.

I had a friend who got something like £50 a month when I was that age and he grew in to someone who thinks the world owes him a living so God only knows what that lad will be like.

Edited by al1991 on Sunday 14th November 23:56

[ShadownINja]

al1991 said:

I had a friend who got something like £50 a month when I was that age and he grew in to someone who thinks the world owes him a living so God only knows what that lad will be like.

Edited by al1991 on Sunday 14th November 23:56

So my thinking is probably right.

[al1991]

ShadownINja said:

al1991 said:

I had a friend who got something like £50 a month when I was that age and he grew in to someone who thinks the world owes him a living so God only knows what that lad will be like.

Edited by al1991 on Sunday 14th November 23:56

So my thinking is probably right.

Yes.

I suppose when the pocket money comes to an end it can go one of two ways.

I did also have friends who were given a lot which then encouraged them to work hard to maintain the luxuries they'd become accustomed to.

[TotalControl]

I remember having to save my dinner money from school to buy nice things.

Either that or wait till Christmas/Eid when we would get something like a fiver.

Back in those days a fiver made us feel like Kings.

[RacingPete]

I use to get £1 for every year I was old, until I got a job at 16.

So...

In 2008 (all the data I have up to), £15.00 from 1992 is worth:
£23.30 using the retail price index
£28.00 using average earnings

[TotalControl]

RacingPete said:

I use to get £1 for every year I was old, until I got a job at 16.

So...

In 2008 (all the data I have up to), £15.00 from 1992 is worth:
£23.30 using the retail price index
£28.00 using average earnings

Shurrup Pete, you'll confooz us.

(So my fiver from 1995 is worth about £12?)

[anonymous-user]

£40-50 a week