Sooner or later any parents begin to give their child pocket money. Once the parents decide that it is time to begin to allocate to the child a certain amount of pocket money, we have a problem: "How much money to give?"

The question is, really, difficult. Will give way too much money a child can spend on anything unnecessary or even harmful. Give too little — it will feel disadvantaged in comparison with their peers. How to find a middle ground? How much money to give the child pocket money, make everybody happy?

There are different opinions about this, in some countries, the amount of pocket money for children of different age, even enshrined in law. We have such legislation, unfortunately (or fortunately) yet, so parents have to decide how much money to give to a child. The amount of money issued out of pocket costs depends on several factors.

{!LANG-ae980678d20a0944bac969b20775f6b6!}. Paradox: parents with middle and low incomes often give their children more money than affluent parents because they are afraid that their child something is "worse" than their peers. This is commendable, of course, but it is necessary to soberly assess their capabilities. The allocated sum should suffice child on school food, public transport and other daily expenses, however it should not significantly "beat" on the family budget. It is important to explain to a child why you can allocate exactly the same amount of money.

Secondly, the amount of pocket money depends on the ability of the child to dispose of them. Here plays the role of the child's age and personality. It is logical to assume that a teenager will manage money smarter than a first grader, just because he's older. But all children are different: someone already in Junior high know how to spend money wisely, and someone at the age of 16 will be flush with money right and left. Before issuing pocket money is worth a conversation with your child, explain to him that he is responsible for their costs. But don't blame him for an unplanned purchase, instead, is to discuss with him the importance of proper distribution of its small "budget."

Thirdly, the amount issued of pocket expenses depends on how much pocket money to give to the child's peers. But we should not overestimate the importance of this factor. On the one hand, it is useful to know the "average" amount, which is produced by the classmates of the child to know what to navigate. On the other — do not try blindly to reach a certain standard. If your budget does not allow you to give the child the same amount of money of money as his peers try to explain to him the complexity of your financial situation, and emphasize that money is in any case not a measure of love and prestige.

What is not to be guided, in deciding how much money to give the child? Determining the amount of pocket money for your child, don't:

  • To try to compensate for the money the attention deficit. Often busy parents give their children more pocket money: "I can't spend more time with the child, therefore giving him more money." You can't do that — the love of money can replace.
  • Use pocket money as a punishment. The amount issued of pocket expenses should remain constant regardless of the conduct and progress of the child. Limit the child's money — not the best educational measure.
  • Not to take away the child's "surplus" money. If he spends all his money — it does not mean that he does not know how to dispose of them, or that you misjudged his expenses. Just the child is able to save — and this quality should be encouraged, not punished.

As you can see, the universal answer to the question "How much money to give?" no. Your best assistant in this case — common sense. Assessing the financial situation of the family and the child's ability to manage money, you should be able to determine the optimal amount of pocket money for the week.

And remember that pocket money is not just a promotion. You should not just give the child money for pocket expenses, but also to teach him to dispose of them, plan your budget. The sooner a child learns how to handle finances — the easier it will be in adult life.