Having spoken to lots of parents over the last few years, we have been able to collect plenty of wisdom on why making the decision to give pocket money is a good thing, and how it can help your children in the future. So here are our top tips!
Children who receive pocket money are more likely to develop strong financial planning skills in later life and are much less likely to be in debt, according to a pan-European study of more than 12,000 consumers across Europe.
Many parents have different opinions when it comes to giving their children pocket change. For those of you who need a little convincing and are still unsure about giving out cash, here are some reasons why giving your child pocket change can be a...
Are you intending to start giving money to your kids? Well before actually going for it, read the article and think twice. Learn about the drawbacks and benefits of giving pocket money to little ones.
Getting acquainted with money begins at home and should start at an early age. The very first step towards successfully teaching kids to manage finances is to begin giving them pocket money. Pocket money helps your kids to manage their finances.
Pocket money is one of the first ways children can learn the basics of managing money. But how much pocket money you give, when you give it, and whether you give it at all depend on your family circumstances and values...
There is no right or wrong time to introduce pocket money. This very much depends on your family, the motivation behind it and how ready and able your children are to learn about and understand the value of money.
When does a few coins for treats become regular pocket money? And how old should your child be before you starting giving it? Here are a few tips.