Children See Average Pocket Money Rise to £10.73 in 2025

Children in the UK have experienced a significant increase in their average weekly pocket money in 2025, with figures rising to an impressive £10.73. This marks an 8 percent increase from the £9.92 reported in 2024, according to research conducted by the financial app GoHenry. In contrast, the latest official inflation figures stand at 3.2 percent, indicating that the rise in pocket money has outpaced inflation.

The analysis, which examined thousands of GoHenry accounts, reveals that the most lucrative chore for children this year has been tending to plants, with an average payout of £1.91. Following closely are rewards for being well-behaved, which garnered an average of £1.46, and practicing music, earning £1.44 on average.

Saving Trends and Charitable Contributions

Children appear to be increasingly aware of the importance of saving, with the most popular savings goal being for a holiday, followed by saving for electronics. This trend underscores a growing financial literacy among younger generations.

Moreover, GoHenry’s young savers have demonstrated a strong commitment to philanthropy, raising an impressive £88,000 for the NSPCC through the app from January 1 to November 1, 2025. This initiative highlights a meaningful engagement with charitable causes, reflecting a sense of responsibility among children.

Louise Hill, founder of GoHenry, expressed her enthusiasm about these developments, stating, “It’s fantastic to see kids not just getting a pocket money boost. They are also discovering the real value of earning, saving and giving back.” Hill emphasized the positive impact of these experiences on children’s understanding of financial management.

The upward trend in pocket money and the accompanying financial behaviors suggest that children are not only benefiting from increased funds but are also cultivating valuable skills in saving and charity. As the landscape of childhood finances continues to evolve, it will be interesting to observe how these young savers will shape their financial futures.