When did pocket money start?

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1186156

2026-09-06 23:40

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Pocket money, as a concept of giving children a small allowance for personal spending, has roots that can be traced back to the early 20th century. While the exact origin is unclear, it became more common in the mid-20th century as families began to give children a small amount of money to manage their own expenses. This practice aimed to teach financial responsibility and independence. Over time, it has evolved with varying amounts and methods depending on cultural and economic contexts.

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