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Daily Mirror
Daily Mirror
Business
Zahna Eklund

'I got £100 a month in pocket money as a kid - I started saving for a house at eight'

When it comes to dishing out pocket money to your kids, there's no right or wrong amount to give them, as for many families the sum will be dependent on what they can afford and what seems reasonable to them.

But one woman has said that having a high allowance as a child helped her learn to be money-savvy as an adult, as her parents made sure she knew the value of cash and the importance of saving from an early age.

Hannah Koumakis, from Australia, revealed that she and her sisters were each given $200 AUD (around £113) every month in pocket money, but insisted it was never just given to them to spend, as they had to put some of it aside for a rainy day.

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