What does an 8 year old know about money? (We asked R)

Well it’s the turn of 8 year old R to tell us what he knows about money this week.

 R’s mummy is Chris from Thinly Spread blog. She is a charity campaigner and a Free Spirit. Check out the answer to his thrifty question and his charity question….. I think you can see her influence !

Do you get pocket money? Only sometimes – talking about pocket money, I should clean the cupboards shouldn’t I? I’ll do it when you’ve finished doing that.


How much do you get? £1


Do you think that is enough? Yes


How much do you think you should get? £1!

What do you spend it on? I don’t, I keep it until I get an idea. I like sweets and water pistols. I should start saving up for one.


What do think Mummy earns each year? At least £300 or more


How much do you think Daddy earns each year? At least £100


How much do you think Mummy’s car cost? I don’t want to answer that question.


How much do you think we spend on food each week? £50


What do you want to be when you grow up? A Tae Kwon Do teacher


What do you think that job pays? Don’t know

If mummy gave you £100 what would you spend it on? A very fancy sailing boat



What do you think Being Thrifty means? Being drifty and floating around the place


What is your best money saving tip? Don’t spend it too much on sweets – actually no, my best one is save up money so you have a bit more than you need to buy a certain thing so you don’t bankrupt


Do you think we should give some of our money to charity? Yes, of course we should give it to charity, I mean – who wouldn’t?


Thank you R.


8 year old know about money



  1. July 2, 2014 / 10:13 am

    Just adorable! I should imagine Chris can afford all manner of water pistols for him on her princely sum of £300 a year! 🙂
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  2. Kirsty
    July 2, 2014 / 11:14 am

    Very savvy and sensible answers – well done R! I definitely agree that you should save up for the ‘big’ things 🙂
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  3. July 2, 2014 / 3:22 pm

    Bless him! I love the innocence of children’s grasp on money – mind you if he knows where I can get a fancy yacht for £100 – I’m in!
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  4. July 2, 2014 / 3:48 pm

    Obviously takes after his mummy with that last comment! What a wise young man! 🙂

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