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22 Aug 2007

how much pocket money for a teenager?
Please advise me I have tow daughters who will be turning 11 and 14 in the next couple of months. How much pocket money should they receive monthly and what should it include?

Many thanks
Mel
Answer 420 views
Expert
Teen expert
teen expert

01 Jan 0001

Hi Mel,

different parents have very different views on this, including whether the money should be given or earned or a bit of both. Its worth checking with your children's friends parents if you know them to try and get a sense of the differences out there. But in the end your own decision is what is important - there are always times where your children will feel others are getting more tha them, but this is about you setting boundaries that you are comfortable with and giving them a sense of the value of money and how to budget.
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