Pocket Money Planner
Plan a weekly pocket money allowance for your children and see the total annual cost across your family.
Your results
Calculation breakdown
- Weekly total
- number of children × weekly amount per child
Worked example
2 children receiving $10 a week each costs $20 a week, or $1,040 a year in total.
Assumptions
- There's no official pocket money rate in Australia — this is entirely a family decision.
How this calculator works
Enter the number of children and a weekly pocket money amount per child to see your total weekly and annual household pocket money spend.
Frequently asked questions
Is there a standard pocket money amount for kids in Australia?
There's no official rate — many families use a rule of thumb like $1–2 per year of age per week, but it's entirely a personal or family decision.
Can I vary the amount for children of different ages?
This calculator uses one amount per child for simplicity; run it separately for children who receive different amounts and add the totals.
Does this include savings or chores incentives?
No, it simply totals whatever weekly amount you enter — how you structure it around chores or savings is up to your family.
Results are estimates only and are not financial, tax, legal or credit advice.