+ Reply to Thread
Results 1 to 6 of 6
  1. #1
    Join Date
    Jun 2016
    Posts
    3
    Thanks
    0
    Thanked
    0
    Reviews
    0

    Default Pocket money

    Hi everyone. I wanted to ask if parents here were giving their children pocket money. I have a 8 year old and I am unsure of whether to give her money or just buy ad hoc when they want something. Also what do parents think of giving their child a debit card in their name to spend? Thanks!

  2. #2
    Join Date
    Jun 2005
    Location
    At the beach
    Posts
    10,486
    Thanks
    1,430
    Thanked
    9,006
    Reviews
    3
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Awards:
    Busiest Member of the Week - week ended 17/10/14100 Posts in a week
    No pocket money here. I'm slack at following through and often forget what I want them to do. Also there are basic things which I expect them to do as part of a family and not for reward.

    So I give them money if they want something specific. We roughly work out what it would equate to for pocket money as to whether it's reasonable. Or I work out a trade between what they want and specific things I need them to do.

    My kids tend to not want to spend their pocket money so I find this works best for us.

  3. #3
    Join Date
    Jul 2015
    Location
    Sunshine Coast
    Posts
    2,963
    Thanks
    2,383
    Thanked
    2,071
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    My kids get pocket money when I can remember. It's usually $5 a week each if they do jobs. They whinge sometimes. DD2 is more motivated than DD1 and can be a bit of a scammer...might be in her blood, my brother is a real estate agent lol

  4. #4
    Join Date
    Nov 2011
    Posts
    1,238
    Thanks
    211
    Thanked
    786
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    My kids are a little older, 10 and 13, and for the last couple of years I have deposited $10/wk each into their bank accounts. It's on the condition that they contribute to the household as asked. ..ie if I ask them to hang washing, empty dishwasher, they will do it without complaint. They are expected to buy their own "extra" things with their own money - so if my DD wants to go shopping with a friend she uses her own money or if they want to "upgrade" their everyday things (ie my DD just paid the difference between what I'd normally spend on sneakers to get Nikes). If we go on holiday, they bring their own spending money...
    Because it's in the bank it's not wasted on junk and they can put thought into their purchases or set a big goal (my son bought himself a $150 skateboard ), which leads to self control and independence. They keep track of how much money they have on (my) Netbank. This system works really well for us...

  5. #5
    Join Date
    Apr 2011
    Posts
    2,221
    Thanks
    975
    Thanked
    1,135
    Reviews
    3
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    DS 9 gets $8 a week. He has yo follow his chore chart for the week. They also pick the 8 things each they need to do to reach their goal. But if say the lawn needs to be mown they will get an extra $5 for that as its not that easy a job to do. I save up the cash for them. So example this school holidays they are going away with my folks for 10 days so I've put some $ in their wallet. Normally it would go in the bank at the end of the term. DS also collects cans and bottles for 10c as we are in SA and we recycle them so $ for that aswell

  6. #6
    Join Date
    Feb 2008
    Posts
    22,171
    Thanks
    3
    Thanked
    1,896
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts
    I used to give DS 9yrs old pocket money but I stopped because he should be contributing to the house work as he helps make the mess. He usually helps without complaining if I ask him to do something. My mum will give him money every few weeks though.

    I usually just buy what he needs plus he gets extras like tuckshop every week too.


 

Similar Threads

  1. Pocket Money question!
    By Elijahs Mum in forum General Parenting Tips, Advice & Chat
    Replies: 14
    Last Post: 23-01-2016, 11:15
  2. Moving to Fig Tree Pocket
    By Moran in forum Introductions
    Replies: 0
    Last Post: 09-12-2015, 08:48
  3. Kids chores and pocket money question
    By twolittlemunchkins in forum General Parenting Tips, Advice & Chat
    Replies: 8
    Last Post: 13-09-2015, 08:49

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
FEATURED SUPPORTER
TPS Health Physiotherapy and PilatesTPS Health Physiotherapy and Pilates has three clinics located at Morningside, Redlands and Lutwyche. We offer pre and ...
REVIEWS
"Made bed time less anxious"
by Meld85
My Little Heart Whisbear - the Humming Bear reviews ›
"Wonderful natural Aussie made product!"
by Mrstwr
Baby U Goat Milk Moisturiser reviews ›
"Replaced good quality with cheap tight nappies"
by Kris
Coles Comfy Bots Nappies reviews ›