two?
Frederick Hawes, 12, Haslemere Prep, Surrey. Amelia Hawes, 9, Amesbury Prep, Surrey, £2/wk
Elizabeth Hawes says Each child receives £2 per week even though they are diff erent ages and it is earned by doing nominated jobs: collecting eggs, cleaning the hen house, polishing shoes, etc. The money is spent or saved purely as they wish. However, I deduct money if they don’t do jobs or for bad behaviour. I try to get across that money has to be earned or deserved. A friend of mine has a system where the child receives an amount double their age every month if they complete a tick-list of jobs. Mobile phones are becoming a big topic with my 12 year- old. We have said that until he starts his next school at 13, which will be boarding, he does not need a phone. Frederick likes being able to save so that he can buy something interesting and feels it would be quite hard if he only got money on birthdays and Christmas as it would take a long time to save up for something.
Cameron Pyne-Smith, 16, £9/mth and Douglas, 14, £7.50/mth, Dulwich College, London. Marrack, 12, £6/mth, Colfe’s School, London
Jacky Pyne-Smith, designer, says The boys are very diff erent. Cameron likes to save his money; I think he gets security from putting it aside whereas Douglas spends it like it’s going out of fashion! Marrack believes that it is teaching him how not to get into debt, although he is the only one owing me money at the moment. Sometimes, I will match what they have saved so they can buy something larger. I won’t do the same with computer games though! I think pocket money is quite a private matter. But on occasion, the boys tactically tell us friends get more. The amount increases with age; however, there is a lot of temptation for a young boy to blow the lot on a big bag of Haribo!
Lara Adkins, 13, Wellington School, Taunton, £3 p/wk
Candy Adkins, designer, says I used to get 10 pence as pocket money when I was a child and knew that if I divided it wisely then I could buy a magazine and some sweets with it! Later, £12 a month allowed me to budget. It’s the perfect preparation for university but I didn’t really think about it for the children until her older brother, Ashleigh, now 18, sweetly broached the subject when he was ten because all his friends were getting it. We gave Lara 50 pence when she was six because we couldn’t leave her out, but now she receives £3 per week and supplements her income by washing the cars for £5 each. She even off ered to clean the Aga the other day! Lara loves having the freedom to choose her own dresses and is quite sensi- ble with her money. When she was younger she used to buy Girl Talk magazine but now she has managed to buy her own mobile phone, and even to save. At the moment she is saving up for a dress for Christmas.
www.fi rstelevenmagazine.co.uk www.fi rstelevenmagazine.co.uk Michaelmas 2011 FirstEleven 53
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