Introduction
Pocket Money is a crucial part of a child’s growing up years as it teaches them financial independence and responsibility. Many parents struggle with the question of how much Pocket Money they should give their 12-year-old child. The concept of Pocket Money varies from culture to culture and country to country. In India, Pocket Money is given by parents to their children as an allowance to manage their personal expenses. However, with the rise of online gaming, children can now earn money by playing games. In this article, we will discuss the average Pocket Money given to 12-year-olds in India and explore which online game is best for earning money.
How Much Pocket Money for a 12 Year Old?
There is no fixed amount of Pocket Money that should be given to a 12-year-old child. It depends on various factors, including the financial situation of the parents and the child’s needs. However, according to a survey conducted by HDFC Bank, the average Pocket Money given to 12-year-olds in India is around Rs. 500 to Rs. 1000 per month. Some parents might give a higher amount depending on their child’s lifestyle and expenses, while others might give a lower amount.
Average Pocket Money in India
India is a diverse country, and the concept of Pocket Money varies from state to state. In metropolitan cities like Delhi, Mumbai, and Bangalore, the average Pocket Money given to 12-year-olds ranges from Rs. 1000 to Rs. 2000 per month. In smaller cities and towns, the amount is comparatively lower, ranging from Rs. 500 to Rs. 1000 per month. However, in rural areas, the concept of Pocket Money is not as prevalent, and children don’t receive a set amount of money from their parents.
The amount of Pocket Money also depends on the child’s gender, with boys usually receiving a higher amount than girls. This is due to the traditional gender roles in Indian households, where boys are expected to handle more expenses than girls.
Which Online Game is Best for Earning Money?
With the advent of online gaming, children now have the opportunity to earn money while having fun. However, not all online games offer the same opportunities for earning real money. Some popular online games in India that offer monetary rewards include:
- QuizWin: This is an online quiz game where players have to answer questions correctly to win real money. The amount of money won depends on the difficulty level of the questions.
- RummyCircle: Rummy is a popular card game in India, and RummyCircle offers the same game online with real money rewards. Players can earn money by winning tournaments and challenges.
- Teen Patti: Another popular card game in India, Teen Patti, can also be played online for real money. Players can participate in games with low stakes and gradually increase their earnings.
- Dream11: Dream11 is a fantasy sports platform where players can create their teams and participate in daily contests to win real money.
Conclusion
In conclusion, Pocket Money plays a crucial role in a child’s financial education and development. It teaches them to manage their expenses and make responsible decisions. In India, the average Pocket Money given to 12-year-olds ranges from Rs. 500 to Rs. 1000 per month, depending on various factors. With the rise of online gaming, children now have the opportunity to earn money while playing games. It is essential for parents to monitor their child’s online activities and set boundaries to ensure a healthy balance between earning money and having fun.
