Pocket money is particularly important for children because it helps them learn how to handle money at an early age. For younger children, pocket money is best paid out once a week, for slightly older children monthly.

For older children, parents can also consider whether setting up a child account might make sense.Pocket money for children: How much should go into the piggy bank?. As of: April 8, 2024, 5:19 a.m By: Anne Hund CommentsPressSplit