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Pocket Money for 15 Year Olds
Complete UK guide for age 15
Recommended Amount
Weekly Average
£15.00
Monthly
£64.95
Yearly Total
£780.00
Typical Range: £10 - £25 per week
Based on UK averages (London area may be ~20% higher)
🎯Financial Skills to Develop at Age 15
What your 15-year-old should be learning about money:
- 1Full budget management
- 2Understanding credit and debt basics
- 3Long-term savings (driving, university)
- 4Making informed purchase decisions
🛍️What 15-Year-Olds Typically Spend On
Common purchases and interests at this age:
•Transport costs
•Social activities
•Fashion and personal care
•Future planning (driving lessons fund)
✅Chores & Pocket Money
Focus on life skills and independence - contribute to household as young adult
💡Tips for Age 15
Encourage earning: This is prime age for paper rounds, babysitting, or Saturday jobs. Pocket money can complement earnings.
Teach budgeting: If they're covering their own phone credit, transport, etc., help them create a monthly budget.