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Pocket money is a great way for children to learn the basics of managing money – a skill they’ll definitely need for life – and it helps them feel more independent and responsible. Kids NEED pocket money! It gives them independence!

How to make pocket money work
Give it to your child with no strings attached i.e. chores, jobs etc. Daily or weekly chores are something kids just HAVE to do as part of the household. They should have responsibilities and chores as part of home life but they should NOT be paid for this. Pocket money is their sal...