General Article The valuable lessons parents can teach their kids when giving out pocket money

Topic Selected: Money Matters Book Volume: 452

Pocket money can help give children the building blocks for a financially fit future, according to an expert.

By Vicky Shaw

The new year means a new financial start – and for some parents this will involve starting to give their children regular pocket money and encouraging them into some good money habits along the way.

Parents are paying a weekly pocket money average of £9.62 per child, according to data from GoHenry, a debit card and financial education app for children and young people.

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