A pocket money routine is unique to every family, some children earn pocket money and others (such as the Chancellor’s children) don’t work for their pocket money, it’s just given to them. Although there’s no right or wrong way to give pocket money, a recent poll by the leading children’s newspaper, First News, gives an indication of what children think is right…
What the pocket money poll said.
When 1,600 children were asked whether they should earn their pocket money a huge 68% of kids believed they should. This could be through simple things like tidying their bedroom and doing the washing up, or by doing other tasks like mowing the lawn or cleaning the family car.
We find on Roosterbank that many children are boosted pocket money for a variety of tasks. Linking jobs to pocket money also has positive implications for helping children understand value – children will be more conscious spending money they have worked for versus money which has been given to them.
Linking pocket money to conditions.
Many parents we have spoken to generally agree on one thing: a pocket money routine with conditions works best. This doesn’t mean that children should be bundled with a list of rules to follow, but more that children know what is expected of them to get their pocket money. Some routines may link pocket money to chores and jobs, a reward chart or just general behaviour; you can read in more top tips on how to give pocket money effectively here.
What jobs can children do?
Simple things like keeping bedrooms tidy and clearing up after themselves is always a good start. There are hundreds of other job ideas children can do to gain some responsibility and earn a little extra cash, you can find ideas on The RB, our child blog. This summer we will also be launching a jobs platform for kids to tell their pocket money stories, so keep your eyes peeled!
If you have any tips or questions, please add them to the comments…