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John Cowan: Pocket money in a cashless society

John Cowan: Pocket money in a cashless society

Published 8 months, 1 week ago
Description

We live in a near cashless world these days. Hardly anyone has anything further than a couple cards, or even just Apple Pay. 

We all remember a time we'd get a gold coin for washing mum's car, or a couple notes for chopping wood, but those days seem to be gone. 

How are parents going about pocket money without cash? Are we really giving our kids bank cards, and how young is too young? 

And if money's not the right reward, are things a better deal for our children? Is it acceptable to fill up their gas tank in return for chores? 

And going a bit deeper into this - what counts as a chore that should be compensated for, and what are the jobs they should be doing simply for being a part of the household? 

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