Finance Pocket Money Pick a pocket or
Twenty pence, £2 or a £100? Is pocket money handed out occasionally or on a weekly direct debit - do children beg for it or earn it? Natalie Milner unearthed some surprising answers
Martha Chapman, 7, Haberdashers’ Agincourt School, Monmouth, 25p/ day. Molly Chapman, 10, Inglefi eld House, Monmouth, 25p/day
Rachel Chapman says I have been avoiding pocket money like the plague! Recently, the topic came up and I started giving the girls 25 pence a day. It’s sort of a bribe for our younger daughter for whom it’s quite a feat to get up and ready for school in the morning. I don’t like to be held to ransom for extra jobs, but I’m not good at instilling tasks anyway! If they don’t do something required of the pocket money, I will deduct 5 pence. Molly keeps her money in a sweetie jar and receives it for getting up at 6.30 in the mornings and looking after the ponies – so her father doesn’t have to – and for being good! Martha knows she gets hers for good behaviour, putting on her uniform and eating her breakfast on time. She used to keep her pocket money in a purse but she lost it, so now I look after it for her.
Georgia Hall, 9,
Broomwood Hall, south west London, 50p/wk
Issy van Randwyck, actress, says Pocket money for Georgia began as an incentive for her to practise her musical instruments. I know how much it means to her and I think it has paid off as she received a double distinction in Grade 1 Piano and Recorder recently. If she plays really well she receives £1 at the end of the week instead of 50 pence. I’m a bit of a pushover and give Georgia the things you would normally save for. We don’t make her help around the house for money – I believe that is just part of being a family actually. But she remains unspoilt; she has said that when her baby sister is six, she will buy her her own American Girl doll, but as these are £110, I’m not sure she has thought this through, or will even remember!
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