tag:blogger.com,1999:blog-8014621707707839489.post8538772614686078636..comments2023-10-10T04:11:14.987-07:00Comments on Denley Diaries: Kids, Pocket Money and Money JarsUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8014621707707839489.post-59222514794362207192011-03-22T21:18:50.919-07:002011-03-22T21:18:50.919-07:00:D Thanks for that KJ. I love being able to hear ...:D Thanks for that KJ. I love being able to hear how other families teach their kids about money. Each family is so different too. What works for one may not work for another. The way I'm doing things at the moment may completely fall on its head when my kids reach their teenage years, and then we will adjust accordingly. I guess the savings principles remain the same though :DDihttps://www.blogger.com/profile/15932647726546848400noreply@blogger.comtag:blogger.com,1999:blog-8014621707707839489.post-62329662859265101082011-03-22T21:05:21.490-07:002011-03-22T21:05:21.490-07:00We have a 13 year old and have found it much cheap...We have a 13 year old and have found it much cheaper to give him pocketmoney of $60 a fortnight and have him pay for everything except the basics, than not give him any and have him ask for everything.<br /><br />He doesn't get extra for extra work, he just has to do the jobs we ask, like you said, part of the family. He does have specific jobs he has to do but it is not in connection with his pocketmoney.<br /><br />He saves some, $10, and the rest is his, if he wants tuckshop at school he pays (I provide lunch from home everyday), if he wants an ice cream he pays. He is into warhammer and he pays for it all.<br /><br />This has saved us as he doesn't ask for money as he knows he has to save. If he wants some special clothes he pays but we provide him with his basics.<br /><br />Turns out he is pretty good with money though sometimes runs out, but he know there is no more. When he does want something he has no problem spending though has managed to sort out what is worth his money and what is not.<br /><br />Good post, it is hard to sort out what is the right thing to do with kids.KJhttps://www.blogger.com/profile/16634866101136501189noreply@blogger.com