Thane resident Nita Manchanda, a mother of three daughters, said that she gave pocket money to her first and second-born, but not to her youngest daughter, aged 15. The survey report, released on Thursday, after collecting data from about 4,200 parents from across six metro cities in India, included 350 parents from Mumbai.Ī section of parents this newspaper spoke to, however, said such generalisation was not practical. A resident of Napean Sea Road, his father has a jewellery business and his mother works for an advertising firm, he said.Ī survey released by ING Vysya Bank, called the ING Zing Survey, said that about 75 per cent of parents in the country feel that children above 10 years should be given pocket money. “I prefer to travel by cabs, and also spend a portion of my money playing pool and hanging out at clubs with my friends,” he said.Īpart from a daily visit to pool club Esquire, where he spends about Rs 400 a day, he and his friends visit another high-end club at least once a week, where entry can cost up to Rs 2,000 for every visit. He gets around Rs 20,000 every month, and said he is allowed to “stretch it by another Rs 10,000”.

Once in a while I buy clothes,” he said, adding his father has a construction business and is also active in the share market.Ī sixteen-year-old student from Std XI student from Jai Hind College, also said that he ends up spending a lot on cab rides.

“Apart from travel expenses, I end up spending about Rs 500 a day on food. A Std XII commerce student, Yash travels by car from his residence in Lalbaug, and says he ends up shelling out a sizeable amount on petrol. Her father is a businessman, she said, adding that the remaining allowance is spent on shopping or at the movies while she is out with friends “once in a while”.Īnother 17-year-old, Yash Vora, from Jai Hind College in Churchgate, gets about Rs 15,000 every month. Half of my allowance is spent on commute,” she said. Then, I also have to go for my tuition classes in Colaba. “I reside at Cuffe Parade and take a cab to the college and back home. Vidisha Patwari, 17, a commerce student from Lala Lajpat Rai College in Mahalaxmi, said that she gets a monthly allowance of about Rs 30,000.

Money in pocket