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<li class='menu-item menu-item-type-post_type menu-item-object-feature menu-item-has-children the-app menu-item-color_ the-app' data-key='the-app'><a href='https://test.rooster.money/feature/pocket-money-allowance-tracker/' title='The App' data-tracking='{"event":"event","category":"Primary Navigation","label":"The App","action":"Click-Primary Navigation-The App","value":""}'>The App</a>

<ul class="sub-menu">

<li class='menu-item menu-item-type-post_type menu-item-object-feature stars menu-item-color_ stars' data-key='stars'><a href='https://test.rooster.money/feature/kids-reward-chart-app/' title='Stars' data-tracking='{"event":"event","category":"Primary Navigation","label":"Stars","action":"Click-Primary Navigation-Stars","value":""}'>Stars</a>
</li>

<li class='menu-item menu-item-type-post_type menu-item-object-feature virtual-money-tracker menu-item-color_ virtual-money-tracker' data-key='virtual-money-tracker'><a href='https://test.rooster.money/feature/pocket-money-allowance-tracker/' title='Virtual Money Tracker' data-tracking='{"event":"event","category":"Primary Navigation","label":"Virtual Money Tracker","action":"Click-Primary Navigation-Virtual Money Tracker","value":""}'>Virtual Money Tracker</a>
</li>

<li class='menu-item menu-item-type-post_type menu-item-object-feature chores menu-item-color_ chores' data-key='chores'><a href='https://test.rooster.money/feature/chore-app-rooster-money/' title='Chores' data-tracking='{"event":"event","category":"Primary Navigation","label":"Chores","action":"Click-Primary Navigation-Chores","value":""}'>Chores</a>
</li>

<li class='menu-item menu-item-type-post_type menu-item-object-feature rooster-card menu-item-color_ rooster-card' data-key='rooster-card'><a href='https://test.rooster.money/feature/the-rooster-card/' title='Rooster Card' data-tracking='{"event":"event","category":"Primary Navigation","label":"Rooster Card","action":"Click-Primary Navigation-Rooster Card","value":""}'>Rooster Card</a>
</li>

<li class='menu-item menu-item-type-post_type menu-item-object-feature rooster-labs menu-item-color_ rooster-labs' data-key='rooster-labs'><a href='https://test.rooster.money/feature/labs/' title='Rooster Labs' data-tracking='{"event":"event","category":"Primary Navigation","label":"Rooster Labs","action":"Click-Primary Navigation-Rooster Labs","value":""}'>Rooster Labs</a>
</li>
</ul>
</li>

<li class='menu-item menu-item-type-post_type menu-item-object-page pricing menu-item-color_ pricing' data-key='pricing'><a href='https://test.rooster.money/pricing/' title='Pricing' data-tracking='{"event":"event","category":"Primary Navigation","label":"Pricing","action":"Click-Primary Navigation-Pricing","value":""}'>Pricing</a>
</li>
</ul>      </div>
    </div>
  </div>
</div>

<div class="page-container" id='js-rooster-container'>
    <div
    class='header header_animation header_bordered'  id='js-rooster-header'>
    <div data-affix class='is-top'>
      <div class="header_background js-header-main">
                  <div class="header_rowuser-banner">
            NatWest Rooster Money is currently only available in the UK
          </div>
                <div class='header_wrapper fluid-wrapper'>
          <div class='header_grid'>
            <a href="#" role="button" class="burger hide-for-large-up" aria-label="Open the menu" aria-expanded="false" id='js-rooster-burger'>
  <div class="burger_container" aria-hidden=”true”>
    <div class="burger_bar"></div>
  </div>
</a>
            <div class='header_grid-col header_grid-col-left'>
              <div class="brand" itemscope itemtype="https://schema.org/FinancialService" itemname="RoosterMoney">
        <a href="https://test.rooster.money/" class="brand_link brand_nwrm" rel="home"
         itemprop="url">
        <span class="brand_title" itemprop="name">NatWest Rooster Money</span>
            <svg class="brand_svg brand_nwrm" data-name="Layer 1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" viewBox="0 0 1420.1 379.4">
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    </svg>      </a>
    </div><!-- logo__container left -->
            </div>
            	<nav class="show-for-large-up" role="navigation">
		<ul id="menu-main-full-united-kingdom-1" class="primary-navigation js-primary-navigation">
<li class='menu-item menu-item-type-post_type menu-item-object-page about menu-item-color_ about' data-key='about'><a href='https://test.rooster.money/about/' title='About' data-tracking='{"event":"event","category":"Primary Menu","label":"About","action":"Click-Primary Menu-About","value":""}'>About</a>
</li>

<li class='menu-item menu-item-type-custom menu-item-object-custom help menu-item-color_ help' data-key='help'><a href='/help/' title='Help' data-tracking='{"event":"event","category":"Primary Menu","label":"Help","action":"Click-Primary Menu-Help","value":""}'>Help</a>
</li>

<li class='menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children education menu-item-color_ education' data-key='education'><a href='https://test.rooster.money/resources/' title='Education' data-tracking='{"event":"event","category":"Primary Menu","label":"Education","action":"Click-Primary Menu-Education","value":""}'>Education</a>
</li>

<li class='menu-item menu-item-type-post_type menu-item-object-feature menu-item-has-children the-app menu-item-color_ the-app' data-key='the-app'><a href='https://test.rooster.money/feature/pocket-money-allowance-tracker/' title='The App' data-tracking='{"event":"event","category":"Primary Menu","label":"The App","action":"Click-Primary Menu-The App","value":""}'>The App</a>
</li>

<li class='menu-item menu-item-type-post_type menu-item-object-page pricing menu-item-color_ pricing' data-key='pricing'><a href='https://test.rooster.money/pricing/' title='Pricing' data-tracking='{"event":"event","category":"Primary Menu","label":"Pricing","action":"Click-Primary Menu-Pricing","value":""}'>Pricing</a>
</li>
</ul>	</nav>
            <div class='header_grid-col header_grid-col-right'>
              
	<div class="roostermoney_apps-icons">

					
							<a href="https://app.roostermoney.com/app-link/deep/" data-tracking='{"event":"event","category":"CTA App Icons","label":"android","action":"Click-android","value":""}' class="roostermoney_apps-icons-icon">
								<div class="roostermoney_apps-icons-svg">
						<svg version="1.1" id="Layer_1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewBox="0 0 14.2 16" style="enable-background:new 0 0 14.2 16;" xml:space="preserve"><path d="M0.5,16C0.2,15.9,0,15.6,0,15.2V0.8C0,0.4,0.2,0.1,0.4,0l7,8L0.5,16z M1.4,15.7l8.4-4.8L7.8,8.5L1.4,15.7z
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</svg>					</div>
							</a>
								
							<a href="https://app.roostermoney.com/app-link/deep/" data-tracking='{"event":"event","category":"CTA App Icons","label":"ios","action":"Click-ios","value":""}' class="roostermoney_apps-icons-icon">
								<div class="roostermoney_apps-icons-svg">
						<svg version="1.1" id="Layer_1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewBox="0 0 20 24" style="enable-background:new 0 0 20 24;" xml:space="preserve"><path d="M14.3,6.2c1.6,0,3.1,0.8,4.3,2.4c-1.2,0.7-2,1.7-2.3,3c-0.4,1.2-0.3,2.6,0.3,3.7c0.6,1.2,1.5,2.1,2.7,2.5
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							</a>
								
							<a href="https://www.amazon.com/RoosterMoney-Manage-Pocket-Allowances-Rewards/dp/B01C62KBYY/" data-tracking='{"event":"event","category":"CTA App Icons","label":"amazon","action":"Click-amazon","value":""}' class="roostermoney_apps-icons-icon">
								<div class="roostermoney_apps-icons-svg">
						<svg version="1.1" id="Layer_1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewBox="0 0 26 24" style="enable-background:new 0 0 26 24;" xml:space="preserve">

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          Article by <a href="https://test.rooster.money/author/alexrayner/">Alex Rayner</a>        </p>
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          <time>
            7th April 2022          </time>
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      <h1 class="article-title" data-title>What Wizards Teach Kids About Money</h1>
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<div class="blog content all-component-single" data-readingtime><div class="component-wrapper  component-wrapper_margin-extra-large"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-text-content"><div class="component-text-content_lead component-text-content_align-left component-text-content_colour-black component-text-content_font-size-medium component-text-content_link-colour-blue-rooster component-text-content_margin-medium"><p>Hocus pocus, here’s our focus on magic and money, to mark the release of Fantastic Beasts: The Secrets of Dumbledore.</p>
</div></div></div></div><div class="component-wrapper  component-wrapper_margin-medium"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-text-content"><div class="component-text-content_lead component-text-content_align-left component-text-content_colour-black component-text-content_font-size-small component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>🧙‍♂️Wizards and pay</p>
</div><div class="component-text-content_body component-text-content_align-left component-text-content_colour-black component-text-content_font-size-large component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>Centuries ago, wizards like John Dee, advisor to Queen Elizabeth I, were rich and powerful. Today, the pay isn’t great. In 2021 Ian Brackenbury Channell received $16,000 (about £8,400) a year to carry out ‘acts of wizardry’ for the city of Christchurch, New Zealand. That’s less than a quarter of the UK’s average salary.</p>
</div></div></div></div><div class="component-wrapper  component-wrapper_margin-extra-large"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-alert component-alert_blue-rooster component-alert_faded"><span class="component-alert_copy"><strong>Ask the kids:</strong><br><br />
Once, wizards fulfilled roles such as scientist and doctor. Today those jobs are done by other people. Do you think this might affect wizard’s pay today?</span></div></div></div><div class="component-wrapper  component-wrapper_margin-small"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-text-content"><div class="component-text-content_lead component-text-content_align-left component-text-content_colour-black component-text-content_font-size-small component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>🎩 Wizards vs magicians</p>
</div><div class="component-text-content_body component-text-content_align-left component-text-content_colour-black component-text-content_font-size-large component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>Magicians perform magic for entertainment, but, unlike wizards, they don’t claim to have supernatural powers. The world’s most successful magician, David Copperfield, loved Broadway shows and Hollywood stars as a kid, and found a way to work these elements into his hit shows.</p>
</div></div></div></div><div class="component-wrapper  component-wrapper_margin-medium"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-alert component-alert_blue-aqua component-alert_faded"><span class="component-alert_copy"><Strong>Ask the kids:</strong><br><br />
We sometimes call people, like David Copperfield, who add new elements to something, an innovator. Innovators can make a lot of money. Why?</span></div></div></div>
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<div class="component-wrapper component-image-row_wrapper component-wrapper_margin-small"><div class="fluid-wrapper_full-xs fluid-wrapper fixed-narrow-wrapper"><div class="component-image-row component-image-row-link component-image-row_100"><div class="component-image-row_inner"></div></div></div></div><div class="component-wrapper  component-wrapper_margin-small"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-text-content"><div class="component-text-content_lead component-text-content_align-left component-text-content_colour-black component-text-content_font-size-medium component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>💵 Wizards and inherited wealth</p>
</div><div class="component-text-content_body component-text-content_align-left component-text-content_colour-black component-text-content_font-size-large component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>In 2021, the Screen Rant site took a guess at the wealthiest characters in the Harry Potter books. It placed alchemist Nicolas Flamel first, since he can make unlimited amounts of gold, followed by Bellatrix Lestrange, Lucius Malfoy and finally Harry, whose fortunes came from <a href="https://admin.test.rooster.money/gb/what-is-inheritance-tax/">inheritances</a>.</p>
</div></div></div></div><div class="component-wrapper  component-wrapper_margin-medium"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-alert component-alert_blue-aqua component-alert_faded"><span class="component-alert_copy"><strong>Ask the kids:</strong><br><br />
Lestrange, Malfoy and Harry all inherited a lot of money. An inheritance tax  would take some of that money away and use it for things like schools, hospitals and armies. Does that sound fair?</span></div></div></div>
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<div class="component-wrapper component-image-row_wrapper component-wrapper_margin-small"><div class="fluid-wrapper_full-xs fluid-wrapper fixed-narrow-wrapper"><div class="component-image-row component-image-row-link component-image-row_100"><div class="component-image-row_inner"></div></div></div></div><div class="component-wrapper  component-wrapper_margin-small"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-text-content"><div class="component-text-content_lead component-text-content_align-left component-text-content_colour-black component-text-content_font-size-small component-text-content_link-colour-black component-text-content_margin-small"><p>🥇Wizards and gold</p>
</div><div class="component-text-content_body component-text-content_align-left component-text-content_colour-black component-text-content_font-size-large component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>In Harry Potter, the philosopher’s stone can turn metal into gold. That’s a trick that many ancient would-be wizards, or alchemists, tried. Today, nuclear scientists can turn small amounts of other materials into gold, using things such as nuclear reactors. However, the process costs a lot and only makes a tiny bit of gold.</p>
</div></div></div></div><div class="component-wrapper  component-wrapper_margin-medium"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-alert component-alert_blue-aqua component-alert_faded"><span class="component-alert_copy"><strong>Ask the kids:</strong><br><br />
When we think about doing something we often consider how much it will cost, and how we will benefit. Making gold in a nuclear reactor costs more than just buying gold. Can you think of other things you could do, but are too costly to make them worthwhile?</span></div></div></div><div class="component-wrapper  component-wrapper_margin-small"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-text-content"><div class="component-text-content_lead component-text-content_align-left component-text-content_colour-black component-text-content_font-size-small component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>🔬Wizards and science</p>
</div><div class="component-text-content_body component-text-content_align-left component-text-content_colour-black component-text-content_font-size-large component-text-content_link-colour-blue-rooster component-text-content_margin-small"><p>We all know that the spells in Harry Potter and Fantastic Beasts aren’t possible. However, ancient wizards or alchemists actually helped develop scientific techniques that we now use today. </p>
</div></div></div></div><div class="component-wrapper  component-wrapper_margin-medium"><div class="fluid-wrapper fixed-narrow-wrapper"><div class="component-alert component-alert_blue-rooster component-alert_faded"><span class="component-alert_copy"><strong>Ask the kids:</strong><br><br />
Today, few people pay to learn spells, but lots of people pay a lot to study science. Why is science more valuable?</span></div></div></div>
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