![]() ![]() When should kids start earning pocket money-and how much? This will be different for every family, but could include extra work around the house, looking after younger siblings, and so on. Instead, you might prefer to find small jobs your child can complete that go above and beyond what is normally expected of them. If you feel that certain household chores are part of living together (washing dishes, for example), then paying your child for completing those tasks can be counterproductive. ![]() But be careful with this practice-it’s up to you to decide what children deserve to “earn money” for. ![]() Some parents pay their kids when they do household chores (like washing the car or gardening) or as a reward for good grades at school. Help children understand the value of money.Empower their kids by letting them use the money any way they want.Approach the issue of financial management in a practical way.Beyond the purely financial aspect, pocket money allows parents to: Is it a good idea to give your kids pocket money?įirst of all, it’s important to point out that it’s by no means a must-about half of parents in France give their kids pocket money. ![]()
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