Child or young person's money
As a foster carer, you are responsible for helping the children and young people in your care to manage their money.
You need to make sure they have bank accounts set up and encourage them to add to their long-term savings.
Webpages in the Child or young person's money section
Helping children and young people in care access bank accounts and build long-term savings
When you should give pocket money to a child in your care, and how much pocket money you should give them
Personal allowance for young people aged 16 or 17, and how it affects your basic maintenance allowance