New Year, New Start – and a great time to introduce a new allowance routine. Allowance is a brilliant way to help your children learn about managing money. It can kick start conversations about budgeting, saving and working for rewards. If your children have been given cash for Christmas, they can add allowance to get closer to big savings goals.
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!
What’s on this page? Introduction to teaching children about money Talking to kids about money Pocket money Pocket money routines How much pocket money to give Using chores for kids as an educational tool Reward chart systems Money activities for kids Integrating lessons into the everyday Arts and Crafts activities Money activities at home […]
We’re really excited to bring you our updated Money Matters Course, developed in association with Children’s University What is the Money Matters course? It’s a free to download, printable set of activity sheets. The course is open to all, but it’s ideal for 7 to 12 years old. The activities start off quite basic and […]
Many families on RoosterMoney use a reward chart and star charts to help manage their children’s pocket money or get them involved in household jobs! We have created a free reward chart template to make it easy for you to print off a customisable reward chart. To create your chart, choose from the tasks under […]