Pocket money
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The ins and outs of pocket money.
By Maria Stonehouse
The majority (60%) of parents giving their children pocket money do so once a week, while one in six (12%) give their children pocket money every day. The average value of pocket money that parents give their children on a weekly basis is £11.
‘Almost two-thirds (63%) of parents expect pocket money to be spent on sweets and chocolate, however, half (49%) expect their children to buy DVDs and CDs with their pocket money, 45% expect tickets (for the cinema, theatre or concert) to be bought and 44% expect their children to buy video games’
Pocket money and gender: a gender pay gap?
Unsurprisingly, factors such the age of a child has an effect on how much pocket money they are given. However, findings also suggest that this is also the case for gender. For boys, the average amount of pocket money given on a weekly basis is £11.47. For girls, this is £10.67, a reduction of 80p.
Controlling and determining the amount of pocket mo...
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