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Pocket money: from what age? And how much ?
“The sooner we start givingpocket money to our child, the more he understands the value of things. Çit also allows him to understand that the banknotes do not come out of the dispenser by themselves. ” The ideal age? Toward 6 7-years, at the age when transactions in euros and cents are part of the math curriculum. Because it is still funnier to learn to count with real coins and real banknotes!
How much should I donate?
It all depends, of course, on the state of your budget. But it is better to give little, but regularly and without compensation. Pocket money should not be remuneration for odd housework or good school results. In this case, you can split a small extra room (or a small gift, which will avoid confusion!). Regardless of the amount (although, as a rule, it ranges from 5 to 10 th per month), pocket money is very rewarding for the child because it marks the beginning of a certain autonomy and gives a feeling of freedom.
Learn to make choices
For her three daughters aged 13, 11 and 9, Nicole has set her own scale: each month, her daughters receive one euro per year of age. They are free to use it as they see fit. Give of pocket money is absolutely not a free gesture because it teaches children to make choices and understand the concept economy over time (“Am I using my 8 euros to buy two packs of Pokemon cards or am I saving up to buy myself the DVD of the latest Disney?”). You avoid many crises in the candy department, in toy or video game stores … provided you have previously defined the expenses which are now the responsibility of . The first times, it will not escape the “whim” purchases but he will soon regret… which is, also, formative.
Little pig will grow up
Even if Baby received a booklet A when he was born (nothing prevents you from feeding him during the New Year’s Eve or his birthday!) The good old woman piggy bank is still preferable. It allows the child to visualize his saving and even learn to use the different denominations and coins (ask him to exchange his small change for a 5 euro note for example). Also be intractable on certain rules: the amount must remain fixed and not change according to the “desires” of your child. Likewise, avoid giving it credit: frustration and patience are also part of the game!