- Paying money in your pocket is the first practical tool for practicing financial management in childhood and adolescence. A child who does not learn to manage a limited budget as a child will face many financial problems as an adult.
- Follow the practical tips of each section in the rest of the article and the tip boxes.
- Read the answers to frequently asked questions in the frequently asked questions section of this page.
1. The importance of regular pocket money payments
payment Money in your pocket It is the first practical tool for practicing financial management in childhood and adolescence. A child who does not learn to manage a limited budget as a child will face many financial problems as an adult.
2. Principles and rules of payment based on age
The amount and period of payment should change with the intellectual development of the child; From weekly payments in childhood to monthly payments in adolescence.
The purpose of pocket money is not to meet the financial needs of the child, but to create an opportunity to learn from mistakes and manage the budget.
3. 3 piggy banks method for children's financial literacy
Dividing the money in your pocket into 3 parts "everyday spending", "saving for goals" and "helping others" creates healthy financial thinking.
4. Pocket money module on Axis Puls platform
Axis Puls allows parents to manage children's wallets and define financial rewards or points for doing positive things.
❓ Frequently asked questions (FAQ)
Strengthen your children's financial literacy from today
Activation of family pocket money section in Axis Puls.
Arrival of families