When should you start? How much should you give? How to make sure pocket money teaches your kids financial skills
- Written by: Robyn McCormack, Marketing and Finance Academic, Bond University
Karen Laårk Boshoff/ Pexels , CC BYGiving kids pocket money can be a really challenging decision for families. It raises questions about when to start it, how much to give and whether it should be tied to chores.
As a finance researcher and parent, it’s also important to view pocket money as an educational opportunity. You can use it...