This statistic presents the main reasons for the amount of pocket money offered by parents in Great Britain as of January 2016. Approximately 47 percent reported that they base the amount of pocket money on the general economic situation of the family. The child's age was a reason for 29 percent. A quarter of the participants stated that they oriented the amount of pocket money to their child's needs.
Main reasons for assessing the amount of pocket money given by parents in Great Britain as of January 2016
Characteristic
Share of parents
Based on how much we can afford as a family
47%
Based on my child's age
29%
Based on my child's needs
25%
Based on what I know my child's friends receive
7%
If my child asks for more, I try to give them more
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." Multiple answers were possible.
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Experian. (February 11, 2016). Main reasons for assessing the amount of pocket money given by parents in Great Britain as of January 2016 [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/515676/reasons-amount-pocket-money-uk/
Experian. "Main reasons for assessing the amount of pocket money given by parents in Great Britain as of January 2016." Chart. February 11, 2016. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/515676/reasons-amount-pocket-money-uk/
Experian. (2016). Main reasons for assessing the amount of pocket money given by parents in Great Britain as of January 2016. Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/515676/reasons-amount-pocket-money-uk/
Experian. "Main Reasons for Assessing The Amount of Pocket Money given by Parents in Great Britain as of January 2016." Statista, Statista Inc., 11 Feb 2016, https://www.statista.com/statistics/515676/reasons-amount-pocket-money-uk/
Experian, Main reasons for assessing the amount of pocket money given by parents in Great Britain as of January 2016 Statista, https://www.statista.com/statistics/515676/reasons-amount-pocket-money-uk/ (last visited December 31, 2024)
Main reasons for assessing the amount of pocket money given by parents in Great Britain as of January 2016 [Graph], Experian, February 11, 2016. [Online]. Available: https://www.statista.com/statistics/515676/reasons-amount-pocket-money-uk/
