How Much Pocket Money?

[Handie Andy]

I never had pocket money at all, and we still had chores to do. Weekly rotas on the dishes, bedrooms and the lawn. The only time i ever had money was when we went to the caravan in wales 2 times a year. £2 a day was the maximum, £1 in the morning and another in the evening.

[geordieracer]

Aged 14-16 I got £10, supplemented by my paper round money, and was for spending - phone credit and teenage crap if I recall correctly!
At 16, I got my £10 a week plus £50 a month which I had to buy everything I needed or wanted out of, and when it was gone, it was gone, no scrounging from the parents. Not that that was necessary, I got myself a weekend job as soon as I turned 16.

[Norbury90]

£6 a month pocket money for me. Made me appreciate the fact I couldn't just buy everything I saw, and now I am incredibly rich.


Nah just kidding, i'm still a poor university student.

[V8mate]

Hammer67 said:

Little MissH67 is oh so sweet 16 and gets £50 a month.

Plus what I give her.

[purplepolarbear]

I think some posters may have been underestimating the going rate

http://www.jackwills.com/Community/JwForums/ViewTo...

[Silent1]

i'll skew this a lot.

most of my school friends had an amex black for an allowance

one was a massive drug smuggler who's parents thought he was a day trader, he paid them.

ETA and i used to makes £200-£300 a day card sharking at blackjack against them, thats why i'm in the griffin book now after i moved on to casinos

Edited by Silent1 on Monday 15th November 08:13

[Tiggsy]

None of my 4 ge t anything, but then most stuff is bought for them. The eldest, 14, has a job so that's all she needs.

[ZesPak]

I've always though I'd gave them about their age in EUR/£, but to do anything these days they would need about double.

I think the MiL is doing it right with my BiL, he gets some pocket money (12yo, about 15£ iirc), and when he wants to buy something (x360 game, NDS,...) he'll just has to save for a couple of moths. So he can get him enough in a year, but he's not spoiled, he has to "manage" his budget so doesn't get half a million games he'll never play, and he learns the value of money.

If you count £1/week*age and you start this at 1, this would also mean that by the time they are eight (and maybe start to want some "junk"), they already have about £1800.

[ShadownINja]

al1991 said:

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.

Argh!

That was my other thinking.

[RJDM3]

I think pocket money should be directly related to what chores they do.

If like my 13yo who is a lazy git he gets feck all.

Personally i think £5 a week is ample if they clean, do dishes etc

[RedWhiteMonkey]

Give them £50 a week pocket money but charge £60 a week board. Charge interest at 2.5% on any outstanding debt (written off when they reach the age of 65).

[koolchris99]

purplepolarbear said:

I think some posters may have been underestimating the going rate

http://www.jackwills.com/Community/JwForums/ViewTo...

they are wanna be sloanes though its slightly different.

till I finished school I got £500 a term, which payed for JCR 3 times a week and going into town in the days I could be arsed. Phone was payed for, most other things were on a chit and chucked on the school bill.

Little brother also gets £30 a week thanks to the government and their EMA scheme. bd. I truly am sorry to all tax payers.

[Silverbullet767]

Ooo erp, when I were a lad we all had to eat our own limbs, and sleep on top of a church spire and we worked 22 hours a day down pits etc. etc. etc.

Tenner a week? Maybe?

[BoRED S2upid]

Match what they earn per week.

[Jayho]

My 5 year old nephew gets £3 a week, which he saves for 3 weeks at a time and buys lego! lol kids nowaday! Nowadays if he wants a sweety when out doing the shopping or a magazine, then he's got to take his own money. He gets much more money (From his grand parents and other rellies) which just gets saved for him! He's richer than me!

I used to get £5 a week + 50p a day until i reached Academy. (2 tier school). From then on I had Paper routes or Part time jobs and didnt get any pocked money, when i reached 16 i got EMA as mentioned before. And now i'm at uni I get Young Persons Bursery + Savings (or lack of now) and part time jobs, but was recently made redundent. Clothes were bought for me until I reached about 14-15 when i wanted to buy my own clothes.

I'm 21 now, so inflation ect, think you could afford £10 a week? + £10 or £20 a month for mobile top up? That sounds a bit fair to me.

[Meoricin]

I was given £5 a week up until I was 13 (2001), when I was considered a 'Teenager' and therefore responsible enough and old enough to earn my own money. I got a paper round for £15 a week, and was satisfied with that.

Pocket money for a 15 year old should be completely unnecessary, but if they genuinely try to get part-time work and fail, you could always set prices for chores - when I still got pocket money I'd get £5 for washing the car, for example.

[al1991]

BoRED S2upid said:

Match what they earn per week.

You are Peter Jones AICMFP.

[lankybob]

I was never given anything for pocket money. However I did have a job from 14 working 4 hours on a Sunday for £16 and rising as each year passed.
Also I used to get £2 for each car I washed. A little tight I think but I enjoyed washing the cars and still enjoy washing my own!

[VXED]

I used to get 5p a week for every year old i was. And yes i do mean 'p' and not '£' i.e. when i was 10 i got 50p a week. This was up to the age of 14 at which point i got £2.50 a week till i turned 18. Taught me the value of money......

[BlackVanGirl]

Agreement with parents until I went to uni in 2003 was that anything education related (including bus fare and £10/week for lunch) they'd cover and clothes - mind you I've never wanted/bought anything pricey apart from my suit, they can't possibly have done this with my youngest sister, they'd have ended up bankrupt - and then I think a fiver a week for games etc. which I generally saved.

Quite a lot of extras though as long as it was reasonable, I was a very quiet kid and didn't really go out or spend much.