What is the average amount of pocket money children get?
The average amount of pocket money children in the UK get is between 5.75 and 6.50 pounds a week. This somehow depends on which survey you believe. According to a survey amongst children they get an average of £6.50 a week, however according to a survey completed by the parents the kids get £5.75 a week. The real average will probably lie somewhere in between. Naturally the average amount of pocket money also depends a lot on how old the children are.
Below you find a list with the average amount of pocket money children of a certain age get:
Age in years | Average pocket money |
8 | £4.44 per week |
9 | £4.81 per week |
10 | £5.22 per week |
11 | £5.65 per week |
12 | £6.60 per week |
13 | £6.68 per week |
14 | £7.61 per week |
15 | £8.38 per week |
Does the average amount of pocket money differ per region?
The average amount of pocket money does indeed differ per region. Below there is an overview of the differences:
Region |
Average pocket money |
Scotland |
£6.89 per week |
North East |
£5.84 per week |
North West |
£6.06 per week |
Yorkshire/Humberside |
£5.96 per week |
East Midlands |
£5.62 per week |
West Midlands |
£6.49 per week |
East Anglia |
£5.79 per week |
London |
£7.63 per week |
South East |
£6.27 per week |
South West |
£5.15 per week |
What is the average age for children to start getting pocket money?
From the age of around 6, children start to understand the value of money. At this age they are also able to distinguish between the different coin pieces. Therefore from this age onwards you could start giving your children pocket money. Numerous studies advise teaching your children the value of money from a young age.
How many children get pocket money?
From all the children in secondary school, about 90% receive pocket money. From the ages 8 or 9 about 80% get pocket money. The younger the age, the fewer amount of children get pocket money.
Pocket money per week or per month?
Most parents give their children pocket money once a week. This usually happens on a set day, for instance the day before the weekend. Of course you can also decide to give your children pocket money once a month. The disadvantage of this is that children don’t learn to save because there is a larger chance they will spend the amount in one go.
See besides average pocket money also:
Average Salary UK
Average Salary London