hello,
we are thinking of giving our 8yo ds pocket money. Is this too young? How much do other parents give? And do you have any guidelines for the money? The only thing we've decided so far is that 10% will be put away in his money box to be banked, as we bank 10-15% of our earnings every week into savings and think its a good habit to start.
All answers/advice will be appreciated. Thanks in advance.
Cheers!
Lis : )
we are thinking of giving our 8yo ds pocket money. Is this too young? How much do other parents give? And do you have any guidelines for the money? The only thing we've decided so far is that 10% will be put away in his money box to be banked, as we bank 10-15% of our earnings every week into savings and think its a good habit to start.
All answers/advice will be appreciated. Thanks in advance.
Cheers!
Lis : )
Mum to Jack 8, Zane 3 & Angus born 06//09/07