Share of children who sometimes get paid for chores in the Netherlands 2018, by ageįreedom of children to spend pocket money as they wish in the Netherlands 2018 Share of children who do paid chores in the Netherlands 2018, by type Most popular amounts received from the Tooth Fairy in Canada 2015 Leading products young boys use their allowance for Japan 2019

Leading products young girls use their allowance for Japan 2019 Share of children who do paid chores in the Netherlands 2018, by frequency Italy: children possessing own money 2016Ĭhildren's opinion on fair pocket money in China 2020 in 2022 were savings accounts and piggy banks. Meanwhile, some of the financial instruments owned by most children in the U.S. Children in the South East and East of England faired off the worst, with an average of two pounds a week less than London in 2018. In Greater London, the average child received approximately 8.2 British pounds per week, over 425 GBP per year. As of 2021, washing the car saw the average child earn almost three British pounds. If kids are smart, they will choose their chores wisely.

There is a clear correlation between a child’s age and the amount they receive in pocket money. In 2022, the average child in the UK received 4.99 British pounds a week in pocket money, down over a dollar since the previous year.Īs children grow and age, the importance of hard work becomes an important life lesson for a lot of parents. Whether it’s teaching the importance of good money management, learning about savings, or a way of rewarding a child for good behavior, pocket money is a big issue for parents and children alike in the United Kingdom.

Pocket money wikipedia