How much money to give a teenager for pocket money is an urgent question. A student needs money for meals, travel, school supplies, and small purchases. You cannot leave a teenager without finances. But how to find a middle ground so that the child does not feel slighted, but also does not become spoiled.
Proceed from your financial situation
It is clear that the amount given to a teenager depends on the financial situation of the family. If rich parents are afraid to spoil their child, then the problem of the poor is to provide the child with at least the minimum amount. It is believed that the infringement of the child in the means develops an inferiority complex.
According to psychologists, the child should understand that you give as much as you can. Do not deny yourself the necessary things, so that your son or daughter does not feel worse than other children.
It is absurd to determine the amount of pocket money by the amount of funds allocated by other parents. After all, there will always be those who will give even more.
However, you cannot completely deprive a teenager of pocket money. Let it be at least a symbolic amount. Explain to your child that he can do better, regardless of the family's situation.
The amount of pocket money depends on the age and character of the son or daughter. Their ability to manage finances also matters. So, older children manage their funds more rationally than, for example, first graders. Although, there are exceptions to the rule.
Teach your teen to manage money
Pocket money is a reward. But not only. It is not enough to provide a child with finances, he must be taught to manage and plan his budget. Give your child some advice on how to allocate the funds received. For example, half can be spent on small expenses, and the other part can be set aside for a large purchase. The sooner a son or daughter learns how to manage money, the easier it will be in adulthood.
Small amounts can be given to a six-year-old child. Most likely, he will just put them in a piggy bank. At the same time, explain that you can save money not only for your own expenses, but also, for example, for a gift to your grandfather.
Small fixed amounts need to be given out to the teenager on a regular basis. At the same time, the child's age affects the frequency of funding. So, a first grader needs to be given money every day. For twelve-year-olds, once a week is enough. A child of fourteen years old can be given funds once a month.
What exactly will be the amount to be issued must be discussed with the child. In this case, one should proceed from the needs of the teenager and, of course, your capabilities. Having given money, do not try to dispose of it and dictate your will. Now you can only advise.
