Quote:
Originally Posted by Welches
I thought I'd try and generate a debate or two as this group seems to have gone fairly quiet barring the spam.
I'm going to raise a couple of senarios, that I've been in as a child or a
parent or a friend. This one is about pocket money...
Which do you think
is fairer, or have you an alternative (not giving pocket money at all
doesn't count!!!)
Debbie
|
I try to tie pocket money to allowance or good grades. I mean, younger kids (up to age 10) aren't usually around places they need pocket money, unless with adults. They're usually in school during the week.
I give my kids allowance (not too much) and have them break it down into several savings jars. Play, giving, big purchases. It builds a discipline of saving and budgeting early in their life.