Families approach giving pocket money to their children in diverse ways, influenced by the child’s age, responsibilities, and the family’s financial situation. A recent look into how families handle this aspect of raising children reveals varying approaches, from allowances tied to chores to financial support for older students.

Children’s pocket money tends to increase with age. Studies show that children aged 7-10 receive an average of 620 rubles per week, while those aged 11-14 receive 930 rubles, and high school students get around 1320 rubles. Some families tie pocket money to chores or good grades for younger children, while teenagers often receive allowances without such conditions, especially if they have part-time jobs.

Some parents encourage saving habits in their children. One sixth-grader saves the change from tutoring sessions using a children’s bank card with specific savings goals. She successfully saved for a smartphone, with some help from her grandmother. Other children earn money through household chores, carefully saving it for treats and toys.

Teenagers may use their pocket money for various needs. A sixth-grader who participates in sports competitions receives money for travel and expenses, learning to manage finances while buying snacks, souvenirs, and entertainment. He also saves a portion to buy small gifts for his family and participates in environmental activities, earning money by recycling.

University students continue to rely on parental support. One student receives 30,000 rubles per month, primarily for food, and is saving for a new phone. Another student receives 15,000 rubles per month for general expenses, with additional funds for unforeseen costs like uniforms, as well as separate support for rent.