Pocket money charts are a great way to help kids learn about the value of money and responsibilities. They can be used as a kids' chore chart to make sure your kids are completing their household tasks, and can also act as a rewards chart, granting privileges or earnings to your children when they reach certain goals.
We have created a free template for you to use. Simply download it, print it out, and fill in each square with how much money your child has earned.
What is a pocket money chart?
A pocket money chart is a way for you and your kids to see how much money they have and what they need to do to earn more. It can be used for various purposes, from tracking chores to reward systems.
Related: How much pocket money should we give our kids?
How do pocket money charts work?
Pocket money charts are a great way to teach kids about responsibility and the value of money. They work by assigning different chores to different amounts of money. For example, you might give your child £1 for tidying their room, or 70p for emptying the dishwasher. To create a pocket money chart, you can either make one by hand (see below) or use our free template.
How to make a pocket money chart
Create a pocket money chart by hand or use the free template we have provided above. To create a pocket money chart by hand:
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Draw out a grid on paper.
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Label the rows and columns with different amounts of money.
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Fill in each square with the tasks or chores your child will need to complete to earn money.
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Add in the rewards for each goal. For example: Tidy your room: £1 or Empty the dishwasher: 70p
Once you have created or downloaded your pocket money chart, start using it to track your child's progress. This is a great way to teach your child about responsibility, earning and the value of money.
Set up weekly pocket money transfers with GoHenry
GoHenry is a prepaid debit card for kids with a companion app that makes it easy for parents to give their children pocket money for doing chores. With GoHenry, parents can quickly and easily set up tasks and pay their child's pocket money when they are marked complete. This helps children learn responsibility and the value of work.
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