5/4/2023 0 Comments Pocket pocket moneyIf your child needs to pay for more with that money, for example gifts or school supplies, then add a few euros. As long as it is just for practicing spending, planning and saving, €1 - €2 per week may be enough. How much pocket money you give depends on what you can spend, the age of your children, and what your child needs to pay for with the money. As they get older, they appreciate money more and more, learn to plan and save. A child of this age tends to spend the money immediately. By the age of 6, a child can distinguish the different coins. At what age do you start pocket moneyĬhildren understand more and more about money as they get older. They compare prices, pay attention to special offers, and consider the requirements of a product before buying it. Children who learn to handle money are financially healthier in later life and can more easily make ends meet, regardless of income. ![]() You yourself can set an example for your children. If your parents were good with money, it is more likely that you can do the same. But at what age do you start this? And how much do you give? You are the example They learn spending, saving and resisting impulse buying as they get older. ![]() Pocket money is a great way for children to practice using money.
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