Reasons for giving pocket money by child's age 2016 Britain

This statistic presents parental reasons to give pocket money in Great Britain as of January 2016, depending on the age of child. Within the age group from 5 to 7, the motive to teach children to manage money independently and pocket money as a reward were reported by around 40 to 45 percent each. With the increasing age, the share of parents who reported that they want to teach independent behavior increases. In comparison with the other age groups, more parents of children from 15 to 18 answered that the children should have been able to buy things for themselves when the parents were not around.

Main reasons for giving pocket money to children according to parents in Great Britain as of January 2016, by child's age

Characteristic	5-9	10-14	15-18
It is to help them learn about and manage money independently	44%	51%	57%
It is a reward for good behaviour, for doing well at school, or for helping around the house	42%	32%	19%
So they can buy things for themselves when I am not around	4%	9%	14%
My child would expect to receive pocket money like their friends do	4%	2%	7%
It is the normal thing to do amongst my group of friends	3%	3%	3%
Don't know, have never considered it	-	2%	-
Other	2%	1%	-

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Release date

February 2016

More information

Region

United Kingdom (Great Britain)

Survey time period

January 19th to 23rd, 2016

Number of respondents

1,533 respondents

Age group

18 years and older

Special properties

Parents of children aged five to eighteen.

Method of interview

Online survey

Supplementary notes

The source adds further comments: "Quotas were set to ensure an even minimum sample of 500 parents of children aged between 5-9, 10-14 and 15-18. Data were weighted by age, gender and region to be representative by all parents in Great Britain."

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