They say money can’t buy you happiness, but no matter what way you want to put it, money matters.

You May Also Enjoy 6 Tips for Teaching Children Good Money Skills Money Matters Kids need to learn the value of money and the only way to do so is by giving them a small amount and hope they make right the right decisions when the time comes. Anytime I walk into a shop my children want a toy car, a magazine or a packet of sweets – but I believe kids need to earn it. The truth is these days some kids believe their parents to be walking ATM machines. I believe by giving children small amounts of earned pocket money it allows them to make big decisions – teaching them how to manage money in the long run. My personal opinion is that it is a great way to encourage an understanding of money.

Many parents believe the idea of pocket money spoils kids, while some agree it inspires them to save. You May Also Enjoy How to Decide on Pocket Money for Your Child Parents want to know if other parents are giving their children pocket money, and then there are the questions about when to start, how much is too much, and should it be tied to chores around the house? When it comes to pocket money, the same questions keeps cropping up. Sign up for our free monthly newsletter stuffed full of ideas, competitions and offers. Read on to see how much is too much, and other pocket money questions that parents are wondering about.

When it comes to pocket money, the same questions keep cropping up.

Pocket of money