Pocket Money

Pocket Money Guides

As a parent, when the time comes for your child to start receiving pocket money, you’ll want to help them to understand about money and the importance of saving.

We’ve put together two helpful Pocket Money Guides – one for parents and one for children. Pocket Money is a great way to help children learn how to handle money sensibly – an important life skill!

Our guide for parents’ helps you find out about:

• How children learn about money
• How to give pocket money – when to start, how often and how much to give
• Setting rules for pocket money. 

Our guide for children helps you find out about:

• pocket money and where money comes from
• saving and spending
• ideas for earning money and looking after it.

There’s also our fun Pocket Money Petz tool which helps children learn about earning money and saving up for something really cool.

Reward Charts

Did your child recently turn 7? If so we will have sent you a reward chart to help teach your child about saving. You can download some extra reward charts here.