Pocket money for a 9 year old

[Chicken6]

My children do jobs and earn good pocket money.

My son is 9 he gets £4.50
My daughter is 6 she gets £3.00
and my soon to be 4 year old will get £2.00

They do jobs for this such as sweep floor, keep under the stairs tidy (shoe racks and school stuff is kept here), help fold washing keep bedrooms tidy. Doing the jobs really helps me keep ontop of the housework but the children don't really see the jobs as hard work they just do it and hardly ever have to be asked in fact they do more than I ask by offering to help with dinner,allotment and chickens.

The reason my Oh decided to start the pm at £2.00 is because the rip off magazines start at £1.99. My children are great savers and are happy to save for weeks and then buy a really good toy,books or crafty stuff. They really understand how lucky they are to get pocket money and know if they are naughty then money is deducted. My friends spend loads on comics and sweets etc on their children each weekend and I reckon they spend far more each weekend then we do by giving the children their PM.

[red]

i dont know how much I would pay but i would look at what they might spend that money on and set it accordingly.

I always worked on the principle that my son got his pocket money regardless of whether he was good or helped out etc. The point was to give him some money and to teach him to spend wisely, save etc.

I also expect him to help in the home, regardless of pocket money - but this applies to everyone - eg we have rule in the house, who ever doesn't cook dinner has to do the dishes.

On top of that there are extra jobs that we negotiate a fee for.. cutting the hedge, for example - its his choice, he can take it or leave it.

[clare]

Oh My god Chicken6 can I be on your pocket money list???Is this weekly???
I'm glad I just have 2 children I am begining to worry I can't afford them!
I have an 8 year old who gets no pocket money but I will buy her chocolate or the odd book from the charity shop or boot sale but we buy presents at christmas and birthdays,but she makes beaded bracelets to sell at fayres when I have my stall and she makes quite a few pounds per year(the last 2 years) and i find she spends it wisely as she knows the work it took to earn it.She also carries out chores such as laying the table,clearing the table,making her bed and tidying her room etc The little one is learning too,but I find the eldests friends who do get pocket money spend it on magazines or sweets and as my Daughter pointed out they have nothing to show for it she would rather save for something she can keep.

[Chicken6]

Oh My god Chicken6 can I be on your pocket money list???Is this weekly???
I'm glad I just have 2 children I am begining to worry I can't afford them!
I have an 8 year old who gets no pocket money but I will buy her chocolate or the odd book from the charity shop or boot sale but we buy presents at christmas and birthdays,but she makes beaded bracelets to sell at fayres when I have my stall and she makes quite a few pounds per year(the last 2 years) and i find she spends it wisely as she knows the work it took to earn it.She also carries out chores such as laying the table,clearing the table,making her bed and tidying her room etc The little one is learning too,but I find the eldests friends who do get pocket money spend it on magazines or sweets and as my Daughter pointed out they have nothing to show for it she would rather save for something she can keep.

LOL

I'm lucky that my children don't seem to waste money on rubbish like sweets and they've wised up to comics being a waste of money. My son saves his and buy star wars lego at an average of £50 a time. He also knows to check money saving websites for tips on offers etc.

My daughter askes me to order her books from the book people so she can get them cheap.

I think my oh is going to find it a shock when he's giving all three pocket money and yes it's weekly.

Although my OH worked out that as they get older they will want special trainers for sport or special kit for cricket and other interests and by then they will have enough to buy the extras they want.

[Millymollymandy]

We used to work on the 10p a year theory at that age but I expect cost of living would deem that too stingy these days.

So you really mean per year Susie cos even I think that is stingy! I:lol:

Bloody hell MMM I'm not that mean! I meant 10p per year of their life per week i.e., a 9 year old would get 90p per week.

Glad to hear it! I thought 10p a week was a bit mean too. Unless you are lying about your age and you're really about 95, then it would have been quite generous. Two whole shillings! (actually it sounds a lot more in old money doesn't it?! )

[boboff]

I am a rubbish Dad, ours, 9 & 7, get £1 a week, and they spend it on sweets or what ever they want. If they get in trouble at school, or are violent ( both really only apply to our son) then they don't get any.

Other money is given on merit marks, 25 = £2.50, next 25 = £5, next 25 £10. if they get 3 terms of 75 they get a £50 bonus.

As for house work, they do what they're told, I don't get extra for cleaning, cooking or gardening, so why should they!

Neither of them have any concept of saving, money burns a whole in their pockets, so badly. I invested money in premium bonds for them a year ago, which was from when I was in charge of saving for them!

[Stonehead]

Our boys get an unconditional £1 a week each. They can spend it how they want, but lots of "training" means they tend to save for months and often pool their money to buy things like Lego and Meccano. I've just built them a Scalextric layout as a shared birthday present, so they're now saving for a lap-counter.

That's not to say that our boys aren't expect to do chores. They are. And a fair number of them. If they resist doing their share, as sometimes occurs, they don't get to leave or do anything else until the job is done. If they rant and rage about it, they lose privileges—such as some of their rationed computer or TV time, football training, doing carpentry and the like.

[prison break fan]

My 9year old grandson gets £3 a week. For that he is expected to keep his room tidy, clean his rugby boots, pay for his magazine and be nice to his sister (very hard for him!) pbf.

[Gert]

Just to add to the list, My 10 year old gets £2 a week, to earn it he has to sort out the recycling each week.