12/19/2023 0 Comments Pocket of money![]() ![]() My kids started receiving pocket money when the twins started school, aged 5. If they do this they will receive their pocket money, however, if there is a day that I am not satisfied I deduct 50c. My kids have a responsibility each week to keep their bedrooms, wardrobe and bathroom tidy, be kind to each other and complete their household tasks. Also fact is I can’t afford to buy items when shopping and give them the expectation that if they ask they will receive each trip. I want to teach them the value of money, responsibility to earn it and to be grateful for what they receive. I don’t purchase my kids lollies or toys when visiting the shops they only receive them as gifts on their birthday’s, at Christmas or using their pocket money through the year (however I am happy for them to be spoilt anytime by other family members). We included then Miss 4 but didn’t have ‘big’ expectation of her to do tasks around the house but wanted her to be included. At the time they were 6 and ready to have some responsibilities. Mr 8 loved finding and saving money, which made me realise pocket money would encourage him to start helping me around the house. If they were in trouble Miss 8 was always devastated to be banned from TV. We learnt early that each of our children had a different currency. How and why kids receive pocket money is different in every family.
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