How do you ask for pocket money?
If you have a good reason for asking and your parents can afford it, asking politely and presenting a plan to pay them back will probably win them over. Expressing gratitude and following through on your promises will keep you in good standing and make them more likely to lend you money if you ever need it again.
If you're asking about salary, use the word “compensation” rather than “money and ask for a range rather than a specific number. Likewise, if you want to find out about work-life balance, it may be more useful to approach the topic in terms of “office culture.”
As a general guide, 50 cents to $1 per age of child is a sensible amount. How much you can afford to pay on a regular basis.
- Do You Have a Budget? ...
- What Do You Like to Spend Your Fun Money On? ...
- What Did You Learn About Money and Credit Growing Up? ...
- Do You Have an Emergency Fund? ...
- What Are Your Short- and Long-Term Financial Goals? ...
- What Was the Last Exciting Purchase You Made? ...
- Do You Invest?
- Be confident and positive. Walk into the room with confidence and good posture. ...
- Ask questions. ...
- Prove your value. ...
- Start the salary discussion. ...
- Keep it professional. ...
- Use smart negotiation techniques. ...
- Listen and ask questions.
synonyms for pocket money
On this page you'll find 16 synonyms, antonyms, and words related to pocket money, such as: allowance, change, extra money, loose change, mad money, and petty cash.
Mothers give more pocket money to kids than dads, according to a study of over one lakh parents. The study by Junio suggested that kids receive an average of over Rs 1500 from mothers while dads hand out somewhere around Rs 1100.
Pocket money has a wealth of benefits for both the child and the family. In fact, kids who get pocket money are more likely to develop strong financial planning skills, and are less likely to get in debt as adults. Read on to find out more about the benefits of pocket money and how much you should give.
When negotiating a salary for a new job. If you are negotiating the salary for a new position or a job at a new company, asking for 10% to 20% more than what you currently make is often the general rule.
Nervousness about talking money can have many causes – a lack of self-esteem, reluctance to break cultural norms, fear of being seen as mercenary or fear of rejection. But it's worth remembering that making sure you're paid fairly is a basic right, and it makes good business sense too.
How do you talk about money?
- Be mindful of your emotions, as well as the emotions of the person you are talking to. ...
- Try not to interrupt the other person/people. ...
- Being judgemental is only going to make the other person shut down. ...
- Keep to the topic at hand. ...
- Try and stay about the same eye level.
- The polite reminder. Sometimes, people genuinely forget that they owe you something - not everyone is out to get your money. ...
- Ask for an update on what they used the money For. ...
- Let them pay for the next round. ...
- Ask them to help you out. ...
- Give them flexible terms.

panhandle | beg |
---|---|
seek alms | seek charity |
solicit money | ask alms |
call for alms | dime up |
nickel up | pass the hat |
You can say, “Would you please lend me some money?” to borrow, and “Is it possible to repay the owed amount now?” to ask for the money you lent. While asking for a loan, you should mention the specific amount, when and why you need it, and of course, when you will return it.
- Think about what you want to know. Think about what you hope to learn. ...
- Develop an open-ended question. Create an open-ended question related to what you want to know. ...
- Find the right person. ...
- Allow the person to answer. ...
- Ask follow-up questions. ...
- Thank the person.
I remember a lawyer telling me that the “golden rule” that he learned at law school was that when you are cross-examining a witness, you should never ask a question that you do not already know the answer to.
Direct question: Do you like coffee? This is an interrogative sentence, with the usual word order for direct questions: auxiliary verb + subject + main verb... Indirect question: She asked me if I was hungry. This is a declarative sentence (and it contains an indirect question with no question mark).
It saves me having to give them pocket money. Time you earned some serious pocket money. He received pocket money from his father. She gave me a month's pocket money in one go and expected my to be sensible.
Smidgen. This word for a small amount has a large number of variants; we list smidgeon, smidgin, and smidge.
pocket money
noun. a small amount of money that you earn and spend on things that are not very important.
What age is good for pocket money?
Giving pocket money to children as young as 4 or 5 years helps them start learning about the value of money and money management. For example, when children get pocket money, they have to make choices about spending or saving. And if they're saving, they'll learn about waiting for things they want.
According to MoneySupermarket, many parents start handing out pocket money around school age. Most pocket money apps start at age four, with fun reward charts to help children understand the concept of 'earning' their cash. However, eight seems to be the magic number.
Average Kid's Allowance
The amount that kids receive for an allowance can vary from family to family, but the mean weekly allowance amount is $19.30. In terms of what parents typically pay, here's how the ranges break down: $5 or less per week—14% $6 to $10 per week—22%
Firstly, it can encourage them to spend unnecessarily. Secondly, it may be difficult to fit into your household budget. Finally, it can lead to arguments if children are not given the same amount of money as their siblings.
Age | Allowance |
---|---|
11 years old | $9.45 |
12 years old | $10.68 |
13 years old | $11.78 |
14 years old | $13.17 |
(US) A small sum of cash, carried on the person, for small, daily expenses.
Asking for money is, ultimately, one of those things you should try to avoid, says Klontz. Burrowing money for things like rent are high risk situations for you friendship, because recurring expenses may leave open the possibility that you'll come back for more. Ask for these payments only if it's a one-off situation.
Key Takeaways
The rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must-have or must-do. The remaining half should be split up between 20% savings and debt repayment and 30% to everything else that you might want.
- "I Deserve a Raise Because I Have Been Here 'X' Amount of Years." ...
- "I Feel That…" ...
- "X Is Making More than Me." ...
- "I'm Overdue for a Raise." ...
- "I Will Leave if I Don't Receive a Raise of X Amount." ...
- "I'm Going to Need to Go to the Competition." ...
- "I Need More Money Because I'm in Debt."
When figuring out how times to ask each of your donors for money each year, you also need to make sure you understand and follow what I call “The Rule of 3 to 1.” This rule simply states that every time you ask your donor for money, you need to cultivate them at least 3 times before asking them for money again.
Why is asking for money back awkward?
Reasons you may feel so awkward asking for money back:
It's still weighing on your mind, and they are still taking forever to pay you back. Some feel it implies you aren't generous enough with your purchases, but put it this way; you did them a favour to make it easier than putting through two orders.
Fear of Not Being Worth What You're Asking
Behavioral scientists call this the “imposter syndrome.” (I just call it being human.) This secret worry makes us afraid to ask for more money–or for almost anything. We're not sure we're worth it, deserve it, or have earned it.
Flaunting their wealth. If someone is showy with their money, it could stem from insecurity. They might also be spending beyond their means. "Lavish spending is a big red flag when they're clearly spending more than their income allows," said Sarah Schweisthal, a personal finance pro at YNAB.
- Step 1: Plan the conversation beforehand. ...
- Step 2: Prepare yourself. ...
- Step 3: Connect with your partner. ...
- Step 4: Be respectful. ...
- Step 5: Ease into the conversation. ...
- Step 6: Delve deeper into the conversation. ...
- Step 7: Create a financial plan.
"Discomfort with money talk stems from fear of judgement. For those with few resources, they fear being looked down upon. People may think they are lazy, stupid or a poor money manager. For those with lots of resources, they fear being exploited.
- allowance.
- change.
- extra money.
- loose change.
- mad money.
- petty cash.
- pin money.
- small change.
- Determine your needs. To avoid asking for more or less than you need, write out the exact amount you need and what you need it for. ...
- Explain your efforts so far. ...
- Develop a repayment plan. ...
- Give help in return. ...
- Be respectful.
- Why do you need the money? ...
- How much money should you ask for? ...
- How will you give back the money? ...
- What happens if you're not able to repay the loan, or meet the conditions? ...
- Know the pros and cons of asking a family member for financial help.
synonyms for out of pocket
amount. budget. charge. consumption. debt.
- cash.
- currency.
- coin.
- bucks.
- dough.
- funds.
- gold.
- dollar.
What are words for spending little money?
- frugal.
- thrifty.
- economical.
- conserving.
- parsimonious.
- miserly.
- stingy.
- penurious.
DON'T EXPLAIN OR MAKE EXCUSES.
Say, “I'm sorry, but I can't give you a loan.” When the person asks, “Why not?” just repeat your statement. Eventually, your friend or family member will stop asking.
- Make the family and money conversation a meeting. It may seem strange to set up a time and a place to begin conversations about money. ...
- Narrow the first conversation. ...
- Keep your own emotions in check. ...
- Meet as often as you need to. ...
- Find neutral help if needed.
- Look at the Bigger Financial Picture. ...
- Be Realistic About How Much Money You Need. ...
- Know Who (and How) to Ask. ...
- Create a Loan Contract. ...
- Prioritize Your Loan Payments.
Noun He keeps his gloves in his coat pocket. She was standing there with her hands in her pockets. I have a hole in my pocket.
[M] [T] He had a lot of money in the bank. [M] [T] I asked him to lend me some money. [M] [T] She advised him to take the money. [M] [T] She stole a lot of money from him.
pocket noun [C] (BAG)
He put his hand in his pocket. One of the men suddenly produced a gun from his pocket. This radio is small enough to fit into my pocket. The chocolate had melted in my pocket.