Hannah says the free money taught her what she needs to be a successful entrepreneur
An entrepreneur has told how she was given £70 a month pocket money from the age of just seven - but said it taught her how to budget for life. Hannah Koumakis, 24, received this fund from her parents chore free until 14, where she was taught to make her own money by washing neighbours cars and walking their dogs.
The 11 years of long-term saving Hannah experienced, all went to buying a house. Self-employed Podcaster and Business owner Hannah said it taught her budgeting from a young age and now feels independent in her business spending, with her own house and car. Hannah and her sisters were home-schooled from the age of seven to 14 by their mother, while their father worked as a menswear salesman. She said the pocket money system made her very grateful for things at a young age because she had to buy most of what she needed herself - so she understood how much things cost.
“People assumed at school that we were rich because of our pocket money, but we weren’t. People couldn’t get that most of my pocket money as a kid was spent on things parents would usually buy for kids themselves.”
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