1. Pocket Money Discussion cards
Young people should not be Child benefit should be given
paid pocket money unless to children, not to the
they do chores to earn it or parents.
they will get used to having
money for nothing. This
doesn’t prepare them for life.
By the age of 16 young
people should be given
There should be a minimum financial independence –
rate of pocket money set by parents should allocate them
the government just like there a budget and allow their
is a minimum wage. children to fend for
themselves by buying their
own food, paying rent etc.
This will help youngsters get
ready for full independence.
Parents shouldn’t give their Having too much pocket
children pocket money until money doesn’t help anyone
they are teenagers. There’s as it makes people greedy.
no need until then.
2. Young people should be
forced to save a percentage At the age of 14 pocket
of their pocket money every money should stop as it is
year and only be allowed to possible for young people to
withdraw from the account on get part time jobs.
their birthday so they get to
know how to save for the
future.
Young people only really Pocket money should only be
need £5 a week pocket used for luxury items, all
money. clothes, mobile charges, food
etc should be provided by
parents.
Young people should not get All young people should be
pocket money after the age paid the same amount of
of 12, they should have an pocket money to reduce
allowance and be able to bullying.
choose their own clothes etc.