Ryan is almost 10. He attends after school clubs and plays out with friends and is at an age where he asks for money for things. I am debating whether to give him a set amount of pocket money a week or just give him the odd few pound when he needs it. The problem is he is rafter careless and tends to lose things. A money box in his room is therefore the answer to our problems. Ryan was sent his very own Monster money box from Blooming Surprise and here it is.
On first glance this looks just like a cuddly monster teddy. However look a lite closer and this monster has a secret compartment inside it’s big mouth.
Each time Ryan feeds his little pet monster he gets fuller and fuller. The coins are hidden away in the monsters tummy. Hidden from little sisters who may sneak into Ryan’s room and take his coins (according to Ryan) and stored away safe so Ryan knows where his money is and saves him from losing it.
When Ryan wants his money out there is a twist off cap on monsters underside which easily comes off and goes back on.
Monstros money box aswell as being a great secret saving box also becomes a cuddly chum at night time.
Monstros money boxes come in four different colours. Ryan has Khaki. They cost £12.50 each. However if you ring the office on 01484 862550 and mention BIZZIMUMMY you will get yours for just £8.
As well as money boxes there are other products in the Monstros range such as hotties and travel pillows.
COMPETITION
I have a green Monstros Money box to give away.
To be in with a chance of winning the money box, please follow these simple steps.
1) follow my blog either by email, twitter, Facebook or Bloglovin (follow buttons can be found around page)
2) follow Blooming Surprise on TWITTER
3) comment below and answer this question: what is a suitable age to start giving a child pocket money and how much is a reasonable amount?
(T&CS – competition will end March 31st. One winner will be sent the green money box, winner contacted by email so please add jordizzy@msn.com to your safe senders, I cannot be held responsible for lost postal items. UK ONLY)
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10 maybe and couple of pounds
I dont give pocket money , but i do put £20 a month into my kids bank account.
my 11 year old now has a few chores to do, tidy his room,make his bed etc to earn his pocket money x
We gave our children a small amount of pocket money right from when they were toddlers increasing it each year on their birthdays. We also doubled it if they bought fruit instead of sweets when they were very small.
A think children can have pocket money from any age, as long as they earn it by doing chores.
I’d say maybe £3 but supervise the spending
i would say £3-5 a week but only after doing chores such as cleaning their bedroom and at about 11-13years old
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I gave my two £1.50 a week from the age of 6 years which they put into a post office saving account. As they got older for extra they had to do chores i.e make their bed’s daily, wash up dishes every other night and the big one was to wash the car (even though I had to go over it afterwards – LOL)
my oldest is 7 and I give her the occasional bit of money to put away but mostly I just get things as a treat as and when I see fit, I would probably say from the age of about 10-11 a regular amount of pocket money and maybe a little extra for chores
I would say 7 and £1 but can earn more by doing extra chores ( over and above things like making their beds) My 2 grandsons earn more by sorting the recycling. I also think it should be up to the child what they spend it on, once it’s gone, it’s gone! That’s how they’ll learn!
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Children were given pocket money by Gran. Though this was given to parents, who allowed children to choose gift when shopping at the weekend. Pocket money was £2, As children grew older :- At approx 8 years they were given the cash and could budget. As used to shopping with their parents, and handling money. As gradually the children were allowed to hand cash to shop staff, receive change etc. Given more freedom and responsibility of their pocket money as they aged and developed skills of handling money, counting and budgeting.
when they are old enough to know what it is & how to manage it.
I think it is best to judge by the child. Some want more than others. If they seem to want money, than I would say from about 6 or 7 and about £2 a week to start with.
My son is now 8 and gets a pound.
mine are 8 and 6, varies anything from 50p to a pound depending on helping and behaviour 🙂 good incentives and all that
my son is only 2 but he gets a pound a week (although it gets saved in his piggy bank and then i take him to the bank to pay it in to his account once he has built a bit up) Never to young to learn about saving.
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My children are 9 & 11 and i give them £5 a week.
12 AND 1 POUND
we give a pound per year of age ~ 3 1/2 year old and 6 year old. but they each have little chores to do to earn this.
If we have naughty behaviour then 50p is deducted.
usually the three year old will but a book, or colouring pens/art stuff as we go through all that really quickly, however my 6 year old saves half of his each week as he is wanting a lego set which is £50 and I refuse to buy that for no reason!!
following on twitter (@cherylpearson09)
I would say from 7 or 8 they can get small amounts for helping with chores. I don’t think I’d set an amount regardless of behaviour/helpfullness.
I do a direct debit into their accounts each month and they can have £5 a week if they do their chores
And I think from 3, as that’s when they can start doing chores, tiding up, etc
my kids get money put into their savings accounts and the oldest gets pocket money for holidays and special weekends, usually about £5, as she doesn’t get it very often – still too young to really understand the value of her money (aged 8)
i think when they are about 8-9 when they start wanting to do more and you can teach them about budgeting
I follow on email but you know when your child is ready for pocket money they will tell you lol
I would say when they are 7 or over
I think 7 or over coz I started getting money when I was 7
i think about 9 or 10 x
Maybe 10yrs old
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About 7 and a pound a week
I started at 5, giving them to improve on their maths and value of money.
10 seems sensible to me and between £5-10 pounds> Ideally would also teach about saving by encouraging them to save a proportion each week
I think 9 or 10, £2
I think about aged 10, and £2 per week
secondary school , 11 years – £1 to £2 a day
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My twins are 4 and have started getting £1.50/week, and already understand that they can buy something small or save for something special.
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I’d say from 4 years old and give them 50p everytime they complete 5 tasks, little tasks like putting their toys away, eating their dinner etc
When they seem ready for it, no set age – around £3 – £5 a week I think
missnatalielara@hotmail.co.uk (followed bloglovin Natalie Crossan)
When they start learning to count to help them learn maths, money, how to buy things and how to save, but not too much pocket money to start with, maybe just £1 so that they can buy themselves a treat once a week or save it for something special they want 🙂
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Age 5 and £2 a week.
Following both blog and Blooming Surprise on twitter with @phyllgerry
I started when my son was 9 and was giving him £5 / week –
I follow your blog on bloglovin and follow Bloomin Surprise on Twitter. I think children can start getting pocket money from about 6 or 7 years old, but I don’t believe in setting an amount. It depends on behaviour, helpfulness etc
It depends on your circumstances and whether you can afford to give. Mine get money for chores, good behaviour, improvement at school etc.