Should you give children pocket money?
A 2018 Financial Planning Association report found two out of three children between four and eight receive pocket money. But when parents of under-fives talk to friends about pocket money, they often seek help on when to start and how much to give.
Finance lessons for your kids
Children under five are not too young to learn about money and how to save it, according to finance experts. And you may already be helping them understand the value of money without even realizing it, through everyday games and activities.