Laurie Graham

In defence of pocket money

How will children learn to manage their finances if their parents just pay for everything?

issue 11 January 2020

Our grandchildren are penniless. They have pretty much everything their hearts desire and they have parents with wallets full of plastic, but they lack the satisfying chink of coins in a jam jar.

I was alerted to this state of affairs when one of our tribe turned nine and I asked his mother how much pocket money he was getting.

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