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Pocket Money for 13 Year Olds
Complete UK guide for age 13
Recommended Amount
Weekly Average
£10.00
Monthly
£43.30
Yearly Total
£520.00
Typical Range: £7 - £18 per week
Based on UK averages (London area may be ~20% higher)
🎯Financial Skills to Develop at Age 13
What your 13-year-old should be learning about money:
- 1Managing monthly mobile/subscription costs
- 2Opportunity for first employment (paper rounds, etc.)
- 3Understanding taxes and deductions (basic)
- 4Medium-term financial planning
🛍️What 13-Year-Olds Typically Spend On
Common purchases and interests at this age:
•Mobile phone costs
•Fashion and grooming
•Social activities and food
•Entertainment subscriptions
✅Chores & Pocket Money
Household contribution expected - pocket money for personal expenses
💡Tips for Age 13
Open a bank account: This is a good age to introduce real banking, checking balances, and understanding interest.
Discuss wants vs needs: Help them make conscious spending decisions by talking through purchases.