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Saturday, July 24, 2004

BBC NEWS | UK | Children's pocket money rockets

Children's pocket money soared by 23 times the rate of inflation last year to an average of £7.82 a week.


£7.82 a week! When I was 7-16 I got 20 pence - £1.00 respectively. Lucky buggers don't know they're born. They can almost buy a CD each week, or wait two weeks and get e decent CD. It would have taken me about 4 months before I could afford a CD when I was that age.

I think it's a bad thing actually. When I was at school I had loads of schemes to make money. My biggest money earner was these micro transmitters (or 'bugs') I used to make. The components cost ~57 pence per unit, and I used to sell them for £15 each. Hehhe - that was the easy to make money :-)

What motivation is there for kids to do anything for themselves these days? Bah humbug.

3 Comments:

  • I hear ya! And I thought my kids got too much! Still I guess a good deal of it depends on the parents to instill some sense of value of money and a work ethic.

    BTW - I shot you a gmail a while back - did you get it?

    /bigA

    By Anonymous Anonymous, at 25 July 2004 15:55  

  • Yeah, I guess... Still, they can learn that even better if they only get a small amount!

    Yup - got your email and replied. Didn't you get it?

    By Blogger Bokeh, at 25 July 2004 16:58  

  • No I jolly well did not! All thanks to my paying shockingly poor attention to my server space. I have gone way over my limit. I'm taking care of that now but in the meantime if you could resend your resend to my gmail account? biggestapple AT gmail.com

    /bigA

    By Anonymous Anonymous, at 26 July 2004 02:40  

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