Podcast
Questions and Answers
Children in Scotland receive less than the national average of pocket money.
Children in Scotland receive less than the national average of pocket money.
False
All teenagers in Britain have a part-time job.
All teenagers in Britain have a part-time job.
False
Teenagers who receive pocket money do not have to do any chores.
Teenagers who receive pocket money do not have to do any chores.
False
The average weekly pocket money for eighteen to fifteen-year-olds in the UK is about £10.
The average weekly pocket money for eighteen to fifteen-year-olds in the UK is about £10.
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Only children over 15 can work in Britain.
Only children over 15 can work in Britain.
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According to the report, most children save none of their weekly pocket money.
According to the report, most children save none of their weekly pocket money.
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About 25% of teenagers in Britain have a part-time job.
About 25% of teenagers in Britain have a part-time job.
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The average weekly pocket money for 13-year-olds in the UK is about £6.
The average weekly pocket money for 13-year-olds in the UK is about £6.
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Some part-time jobs for teenagers include working in hospitals and schools.
Some part-time jobs for teenagers include working in hospitals and schools.
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Teenagers in London receive less than the national average of pocket money.
Teenagers in London receive less than the national average of pocket money.
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The government has no laws about children working in Britain.
The government has no laws about children working in Britain.
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About 90% of teenagers in Britain receive pocket money from their parents.
About 90% of teenagers in Britain receive pocket money from their parents.
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More girls than boys save their pocket money.
More girls than boys save their pocket money.
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Children under 13 can work in Britain with no exceptions.
Children under 13 can work in Britain with no exceptions.
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Some teenagers receive more than £50 a month as pocket money.
Some teenagers receive more than £50 a month as pocket money.
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All teenagers in Britain have to do chores to get their pocket money.
All teenagers in Britain have to do chores to get their pocket money.
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Study Notes
Pocket Money
- 77% of teenagers in Britain receive pocket money from their parents
- Average weekly pocket money for 15-18 year olds in the UK is around £6
- Children in Scotland receive more than the national average, and Londoners get the most
- Teenagers receive more money than younger children
- Some 15-19 year olds receive more than £100 a month
- Many children save at least 25% of their weekly pocket money
- More boys than girls save their money
Part-Time Work
- 15% of teenagers have a part-time job
- Only children over 13 can work, with some exceptions (e.g. actors)
- Popular part-time jobs for teens include:
- Babysitting
- Delivering newspapers
- Shop work
- Restaurant or café work
- Government laws regulate child labor:
- Maximum 2 hours of work on school days, not during school hours
- Longer hours allowed on weekends and school holidays
- National minimum wage for under-18s is around £4 per hour, increasing annually
- Minimum wage is higher for older workers
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Description
Learn about the habits and practices that can help teenagers achieve financial independence. This quiz covers the importance of pocket money, doing chores, and managing finances as a young adult.