Pocket money is a concept in which every child should participate. Having your own money to buy what you like when you like helps a child grow in security and independence and understand what it means to make your own decisions and live with the consequences. Most parents start out their children at a very young age with a tiny amount of pocket money, usually as a reward for being responsible and completing chores. Having pocket money gives a child a lifetime lesson in money management. Should I buy some sweets now? Or should I wait until next week, save what I’ve got and combine it with what I get next week so that I can buy a nice toy?
Rather than a child demanding this toy or that snack right now, a child with money in the pocket will have to make their own decisions of how to spend the money. It starts a child thinking about the future and linking that future to what’s happening in their lives right now. Pocket money for a child can be doled out in two ways, either as a earnings based on completion of chores or as an allowance given regularly if all responsibilities are met. Either way teaches a child something about money management and life. And there’s always bonuses, those few bits of change that appear on birthdays and holidays.
Those shelves with the pocket money toys are the perfect place to steer your child who wants to treat themselves. They get to make the decisions themselves on how much to spend, what to buy and the purpose for the purchase. Most often, of course, the toy will be for the child themselves, but, at times, your child may surprise you, buying a toy they want to give to a special friend or relative.
Adults can buy pocket money toys too. The multitude of choices and the affordability makes them perfect for goodie bags at children’s birthday parties — you might even encourage trading among the guests. There’s the classic toys, like the kaleidoscope and the wooden elephant on wheels. But you’ll also find soft toys and little animals to tuck into a pocket or purse, accessories for dressing up or masquerading, tiny boxes and bags to hold other things, sweets and candies in novel containers, and miniature planes, trains and automobiles. For the little scholar, you’ll find notepads and blank-paged books; for the sportsman, there’s sport-oriented objects like little soccer balls and goals for a finger game across a tabletop. Beauty accessories and jewelry are another option.
For the child who likes to draw or build things, all types of crafts can be found on the pocket money shelves and in the bins. Little games and puzzles abound. And you can always find the bells, whistles and drums with which children love to make noise. And there are the gross squishy tidbits that little boys get so delighted over, those soft bugs and creatures that look like they could still be crawling about.
And there’s magic. But, that’s a whole other category.