Children Experience Significant Pocket Money Boosts in 2025

Children in the UK have received a notable increase in their pocket money in 2025, according to data from the financial app GoHenry. Average weekly allowances rose to £10.73, representing an increase of approximately 8% from £9.92 in 2024. This upward trend comes as the Consumer Prices Index (CPI) inflation rate slowed to 3.2% in November, down from 3.6% the previous month, as reported by the Office for National Statistics.

The data reveals that girls are earning slightly more than boys, with average weekly amounts of £10.81 and £10.63, respectively. However, not all regions have seen a consistent rise in pocket money. For example, children in London saw their average pocket money drop from £12.80 in 2024 to £10.31 in 2025. In contrast, children in the wider South East experienced a significant increase, with average allowances rising from £9.87 to £14.30.

Top Tasks for Pocket Money

The research indicates that children are also learning the value of good behaviour, with “looking after plants” emerging as the highest-paying task, earning an average of £1.91. Other top earners included “being good” at £1.46 and “practising music” at £1.44. Interestingly, the most frequently performed task, “tidying the bedroom,” only yielded an average of £1.12.

The data, which is based on an analysis of thousands of accounts between January 1 and November 1, 2025, highlights the common spending habits of children. Food stores and supermarkets were the primary venues for their expenditures. The most popular savings goals were holidays, electronics, and birthdays.

Parents and relatives are also contributing to children’s financial education, with average monthly contributions into GoHenry Junior ISAs showing regional disparities. On average, contributions for girls were £27.85, while boys received slightly more at £28.56. Notably, families in the South East were making the largest monthly contributions, averaging £39, whereas those in Wales contributed around £20.67.

Community Support and Financial Habits

In addition to pocket money increases, GoHenry’s young savers have demonstrated their commitment to social responsibility. Between January and November 2025, they collectively made £88,000 in microdonations to the NSPCC through the app.

Louise Hill, founder of GoHenry, expressed enthusiasm about the findings. She stated, “It’s fantastic to see kids not just getting a pocket money boost, but also discovering the real value of earning, saving, and giving back – with a strong sense of caring for themselves and others shining through this year.”

This growing trend of financial literacy among children is evidenced by the increasing average weekly pocket money figures for various age groups. In 2024, six-year-olds averaged £3.69, while in 2025, that figure rose to £4.05. Similar increases were observed across all age brackets, highlighting a broader shift towards financial awareness among the younger generation.

As children continue to navigate their financial responsibilities, the insights from GoHenry not only reflect current economic conditions but also underscore the importance of instilling positive financial habits early in life.