Pocket money for a 7 year old
Suggested weekly pocket money (UK)
£7.00
£30.33 per month · £364 per year
Money tips for age 7
- At 7, children can understand basic budgeting concepts
- Encourage them to save a portion of their pocket money
- Discuss the value of different coins and notes
- Consider opening a junior savings account
Chores for a 7 year old
- Loading the dishwasher
- Taking out recycling
- Vacuuming their room
- Helping with grocery shopping