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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.