Recently, I asked you how much pocket money you thought I should give Belle.
We’d been trying out Roosterbank, a new online saving and shopping site for children, and not content with spending her birthday money, Belle was, unsurprisingly, keen on the idea of securing herself a regular income.
Now, in my post I said that I would take everyone’s comments, and try to come up with an average amount that would then become Belle’s weekly allowance. What I didn’t bank on however, (Get it? Bank? I’m so funny…), was you all being so darn flash with your cash. Seriously, five pounds pocket money a week?? What do you think I am, made of money??
Still, a promise is a promise.
Although technically I’m not sure I did actually promise…
However, I have decided to offer Belle a basic rate of two pounds a week. For this, I expect her to do some basic things around the house, such as keeping her bedroom tidy, taking her plate out to the kitchen, not intentionally grinding food into the carpet, that sort of thing. So that’s it right?
Now I have another problem that I need your help with.
Once the money has officially left my purse and entered Belle sweaty palm, how much control can I maintain over what she does with it? Now obviously I’m not going to condone her saving up and splashing out on ten Benson and Hedges, but exactly how free a rein should she be allowed? If she decides for instance that she wants to spend two whole pounds every week or sherbet, am I allowed to step in, for the sake of everyone’s sanity, or should I leave her to make her own decisions?
Using Roosterbank does to some extent alleviate this problem, as their site stocks lots of lovely, wholesome age-appropriate toys. It also requires me as the parent part of the account to approve every purchase, so we’ll never find ourselves in the position where a replica gun or a live guinea pig turns up on the doorstep without my prior knowledge.*
Roosterbank is designed though to give you the flexibility to spend your savings when you’re out and about too, not just through the site, so if we’re in Primark on a Saturday afternoon** and she insists she wants to blow everything on a pair of gem-encrusted denim hotpants, do I retain the right to say ‘no child of mine is being seen in those’ and drag her off to Waterstones instead?
Where do the boundaries lie? Please help me decide…
*I don’t think Roosterbank stock these anyway.