Pocket money: how to negotiate the right amount with your child

As is well known, children can be very convincing when they want something. It is therefore important to prepare well for the pocket money negotiation. Even four-year-olds already know how useful the shiny coins are. It is important, say researchers at the German Youth Institute, that children receive a certain amount at regular intervals on fixed dates. In this way, they learn to deal with money at a young age. The negotiation is part of the educational project. WELT shows which sums are appropriate at which age, which points parents should cite – and how children can argue.

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