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43 answers

0? What on earth does a first grader need pocket money for?

I never had any. No one i know did...

I guess if i had to pick a number... maybe 50 cents or a dollar or something.... Were are they were they need to buy something on their own anyway? Certainly not school, vending machine food is unhealthy.

2006-10-25 06:50:35 · answer #1 · answered by amosunknown 7 · 0 0

$5

2006-10-25 09:19:07 · answer #2 · answered by blank 5 · 0 0

I am 12 so, I know when I was 7 I got about $5-$10 a month! I would give a child about a dollar per year alive. Why does a 7 year old need money in their pocket? Give it to a savings bond! Let them open it when they're 18 or so

2006-10-25 14:08:05 · answer #3 · answered by Keys 3 · 0 0

Mine aren't quite that old yet but I will do the same thing that my parents did....we had a list of chores to do each day....each chore was worth a dollar....My bro and me each had a piggy bank in our moms room. All of the money we earned was put into that bank....we did not get pocket money...but say I wanted to go buy some candy....if mom said it was ok for me to have candy she gave me a dollar out of my piggy bank. If I wanted a new toy or game...we used the money from the piggy bank....granted on big stuff mom helped...but it tought us to save and that we have to earn what we got. And yes mom did still buy us toys and games just because, but not everything we wanted.

Chores were like Unloading the dishwasher, cleaning of the table for supper, loading dishes, cleaning our rooms, little things at first. Then as we got older we mowed the yard(which was worth 10 dollars) and other bigger tasks which varried. Then once we were 13 or so, we both got jobs for local farmers so we got paid all summer. But we still had chores around the house....

2006-10-25 07:45:40 · answer #4 · answered by yetti 5 · 0 0

a 7 year does no need any pocket money. If it is allowance you are talking about that should depend on chores done and how much you can afford. This is how a lot of children get hooked on drugs or alcohol because they have pocket money and are not held accountable. If you give your child money put it in a account for them and make them accountable.

2006-10-25 06:59:46 · answer #5 · answered by Lynne D 5 · 0 0

Are you kidding me? Why does a seven year old need money? My children didn't get regular pocket money until they were in middle or high school handed out a couple or three dollars daily for lunch and after school snacking and 10 dollars a week for gas (anymore than that they had to pay for). For anything more they had to have a job. If I were to let a seven year old have money it would be for a specific purpose and then a responsible adult or older (much older) child would keep it for him. If you are under the impression that giving money to a seven year old teaches responsiblility you are wrong it just teaches him that mom or dad is good for a hand out. This may sound hard but my son learned that he had to work for whatever he wanted so well that he purchased his first home with 41/2 acres of land when he was just 19 years old. My daughter went to college and worked full time and is now working in insurance as a top producer in her region. While they had jobs in high school I made them put two thirds of their paychecks in the bank. What ever was left was "pocket money". I didn't give them money for dates or movies. They had to budget their pocket money. The harder they worked to more money they had in their pockets. When they graduated highschool they had nice little nest eggs for car purchases or whatever. Also I made them pay me for auto insurance since my insurance went up when they started driving to teach them that driving a car costs more than putting gas in it. They did not know that when thay made their auto insurance payment to me I put it in a bank account for them. It starts when they are very young to teach them to be responsible and to work for what they want. I'm very proud of how my children turned out.

2006-10-25 07:23:49 · answer #6 · answered by PRS 6 · 2 0

Forget what the average amount is 1st think what you can afford. If you have a reasonable income it might be worth giving the 7 year old a little extra but telling him he has to save some of that money to save up for things he wants (toys, games etc). I got a lot of what I wanted when i was younger and it never taught me about the value of money and how to look after it. Hence I have a lot of debt problems.

2006-10-25 06:53:38 · answer #7 · answered by Fran T 2 · 1 0

Well, I would say at about 12
Give $5 every week no matter what. This is great for saving, a small amout of freedom, learning to budget, and things like that blockbusters/library late fee mom really doesn't want to pay.

Then, If all chores are done, give $5 more as a reward.

$10 total if all goes well


So, I supose you can adjust it for a 7yr old

2006-10-25 16:25:11 · answer #8 · answered by crazyperson 1 · 0 0

When i was 7 i got 70p a week 10p for each year i had older brothers and sister so it made sense every year our pocket money went up it seemed fair , until we got to an age where it became allowance about 15 years old. People are growing up faser so dont know now.

2006-10-25 06:55:50 · answer #9 · answered by mintycakeyfroggy 6 · 0 0

I'm 13 so I OBVIUSLY remeber what I got...my dad is on this thing that I get $1 for every year I've been alive (per week) so I get $13 but when I was 7 I think I got between $5-$8 depending what I did

2006-10-25 07:05:15 · answer #10 · answered by Island Girl 1 · 0 0

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