Advertisement

Are children losing the value of pocket money?

A new study has found that almost half of parents in Ireland give their children pocket money. An...

Share this article

12.28 30 Oct 2024


Are children losing the value of pocket money?


Listen to this episode


Share this article

12.28 30 Oct 2024


A new study has found that almost half of parents in Ireland give their children pocket money.

And, digital currency, such as Revolut, is by far the most popular way to pay out pocket money – with almost 60% of parents saying they use it.

The survey, by the Teachers’ Union of Ireland Credit Union, also discovered that almost nine in ten say that children should earn the money by carrying out some household chores.

What has your experience been of paying out pocket money? Do children understand the value of money?

Andrea is joined by John Lowe from MoneyDoctors.ie as well as listeners to discuss.


Read more about

Lunchtime Live Highlights

Related Episodes

What if the next president of...

00:07:33

What if the next president of this Republic was, in fact, you? 

Newstalk Breakfast Highlights

00:07:33


Tuesday Riff: Barack Obama to...

00:04:10

Tuesday Riff: Barack Obama to visit Ireland

Newstalk Breakfast Highlights

00:04:10


A concern over new domestic vi...

00:04:33

A concern over new domestic violence disclosure scheme

Newstalk Breakfast Highlights

00:04:33


Calls to scrap parking charges...

00:04:46

Calls to scrap parking charges at Irish hospitals

Newstalk Breakfast Highlights

00:04:46