How Much Pocket Money Should Kids Get? £6.25, Apparently!

18/08/2011 12:13 | Updated 22 May 2015
How much pocket money should kids get?  PA

A survey by Halifax Money has revealed kids' pocket money has bounced back from the recession after hitting a 10-year low.

Eight out of 10 kids receive a weekly hand-out from their mums and dads, with the average amount being £6.25, a rise of 36p on 2010 average £5.89.

Allowances haven't quite recovered enough to reach the staggering sums kids were getting in 2003 and 2005 though, when they were pocketing an average £8.37 each week!

And there is a distinct battle of the sexes when it comes to amounts - with boys getting an average £6.41, whilst girls are short-changed with a measly £6.09!

Fifteen-year-olds are in the money more than any other age group, raking in £8.38 a week, whilst the youngest children surveyed, eight-year-olds, get an average £4.44.

There is a geographical divide too, with kids in London getting £7.63 per week, followed by those in Scotland on £6.89, whilst West Midlands kids pocket £6.49, with children in the South West getting the lowest amount at just £5.15.

How much pocket money do your children get? Is it raised according to age?

Do these figures strike you as very high?

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