Allowance & pocket money calculator
Choose an amount per year of age (a popular rule of thumb is one dollar, pound or euro per year of age, each week) or the same amount for everyone. Split it into spend, save and give jars and see the weekly, monthly and yearly cost for the whole family.
| Age | Week | Spend | Save | Give | Year |
|---|---|---|---|---|---|
| 6 | $6 | $3 | $2.40 | $0.60 | $312 |
| 9 | $9 | $4.50 | $3.60 | $0.90 | $468 |
| Total | $15 | a week for the family | $780 | ||
How it works
There is no single right amount. Many families start with the "one per year of age per week" rule, use half that for younger children, or pay a set amount and adjust for what the allowance must cover (snacks, outings, gifts, clothes).
Splitting money into jars teaches the basics early: spend now, save for something bigger, and give to someone who needs it. 50/40/10 is a common starting split; teenagers saving for something big often save more.
TaskFamily can pay the allowance automatically every week, keep the savings jar growing with interest you set, and turn points from chores into real money if you choose.
TaskFamily turns this into a routine: chores and rewards, a savings jar that pays interest, schedules for two homes and a private family chat. Free to start.
Questions parents ask
How much allowance should a 10-year-old get?
Using the one-per-year-of-age rule, about 10 a week in your currency; many families pay less and add paid extra jobs. What matters most is that it is regular, the rules are clear and part of it is saved.
Should allowance be tied to chores?
Families differ. A common approach is a small base allowance for being part of the family, with extra money or points for jobs beyond the everyday ones. TaskFamily supports both.
When should children start getting pocket money?
Many children are ready from about five or six, once they can count and understand that money runs out. Start small and give them real decisions to make.