it teaches the child to decide and act in a self-determined way the child is allowed to take responsibility it supports the financial education of children it helps to develop a sense of money & finances it helps children plan it encourages children to think entrepreneurially

The elleXX movement intends to change that.īut why have pocket money at all? Nobody can ignore the question of why it is worth it.ĮlleXX has investigated the most relevant reasons. As a result, money can remain a life-long stress topic for many women. Kids who don't learn to manage money early on are less confident with finances later. This is not about how much more Lego a child can buy, but rather about their financial solvency in the future. Inferior cash gifts and less in pocket money financially weaken girls from the time of their birth. Studies do the math: There is more money waiting for boys under the Christmas tree or on the birthday gift table than for girls. That's the more honest answer than the one with Santa Claus. May your daughter, granddaughter or godchild ask. Every one of the numerous surveys indicates that parents are more stingy with girls than with boys. They are also paid more generously for their domestic work than girls - if the latter are paid for it at all. Whether in the U.S., the U.K., Germany or Switzerland, boys receive on average 12 to 20 percent more pocket money than girls. The largest study on the subject also shows that 43 percent of 5 to 7 year old boys receive pcoket money compared to only 28 percent of girls of the same age. In Switzerland girls receive their pocket money later than boys. Gender pay inequality begins in childhood.

Pocket for money