How Much Pocket Money Should I Give?
Unsure of how much money to give your children? Here’s how NatWest Rooster Money families do it…
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RoosterMoney Resources
A treasure trove of fun and educational articles for the whole family. Pocket money tips, recommended products, advice from experts, or just ideas on how to get the most out of the app. And be sure to check out our Primers, a set of bite sized guides on how to talk to kids about money.
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Talking About Compound Interest
Compound interest is the super power that expands your savings – or makes a mountain of debt. The earlier you understand compound interest, the earlier you can start making the most of it!
Ways to save money for your family
We know saving for your children is high on many parent’s list of priorities and can become stressful when you think of all the things you would like to help your little ones with. So here’s a few tips to get you started.
Talking About Ways to Pay
Talking about the different methods can help kids realise plastic cards aren’t a magical source of money!
The Advantages of Pocket Money – A Parent’s Guide
It may just seem like another expense in the long list of regular outgoings, but there’s a number of very good reasons behind why we’ve been giving a regular amount of money to children for the past two hundred years. So let’s look at the advantages of giving pocket money!
A Parent’s Guide to Life Insurance
No-one likes thinking about death, but if the worst should happen, life insurance can help protect your nearest and dearest from money worries. Here’s our simple guide on what to consider.
Talking About Earning
Sadly, money doesn’t always appear magically as pocket money or birthday presents. Helping kids earn cash, rather than just handing it out, can teach them about the value of money.
The Pocket Money Index – UK
Our Pocket Money Index is an annual snapshot of the monetary habits of kids aged 4-14 across the UK. Whether it’s the average allowance given per week, or the amounts paid for household chores are, you’ll find it all here.
The Kids Allowance Report
A glimpse into the habits of young pocket money earners in the US
The Pocket Money Index – Australia
A glimpse into the habits of young pocket money earners in Australia
A Parent’s Guide to Premium Bonds
Premium Bonds are a saving account with added excitement. Instead of earning interest on your savings, you get the chance to win tax-free cash prizes every month. You might win a million pounds – or you might win nothing at all. However, unlike a lottery, you can always get your savings back. It’s worth noting that the Premium Bond rate is set to be cut in December 2020 which will affect your chance of winning.
Pocket Money Chores List – A Parent’s Guide
Pocket money and Chores – It’s the second most popular question we get, just behind ‘How much pocket money should I give?’. Find out what chores to set, how much to pay, as well as different parental approaches