Pocket money

Pocket-money is the one who is paid to children or young people at regular intervals, usually monthly, from the corresponding parent or the prisoners from the state at their disposal. With the help of pocket money to children and young persons gradually introduced to the self-responsible money management and purchase transactions are. The amount of pocket money depends on the current financial situation and attitude of the parents. The allowance should not be used to buy expensive games. Bigpoint has a lot of online games for free.

There are no legal obligations regarding the disbursement of money. In Germany, also spoke of the so-called pocket money section, but on this occasion children and adolescents aged 7 to 18 years are affected because they have limited legal capacity, ie may conclude the extent of their available pocket money contracts, which are effective only if they comply with the pocket money the contract. The Jungendämter beat usually in the form of a table before a recommendation for the amount of pocket money for the different age groups. In everyday language, a low income is often referred to as pocket money. Even in the so-called communities with only one partner is earning talk of spending money in the form of budget money.

Even if time spent on a voluntary social year, the person standing next to the free housing, food and clothing in the form of cash donations in the form of an adequate pocket money. The statutory requirement that a minor may, in the context of the pocket Paragraphs connect smaller everyday transactions enables even the purchase without the consent of the parents. But one can also choose to save his pocket money. It is not mandatory, how much can buy a minor. If it is more expensive purchases, the seller may require the consent of legal representatives.

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