I have tired naughty mats, corner etc etc unless I physically held him there there is just no point.

I agree that pocket money for tasks that need to be done anyway is silly. Pocket money is DH's thing not mine. Other then the $5 which really is for co-operating they also get $1 for helping clean up, So if I am cleaning toys etc & they help then they get $1 to put in their money tin. I think this is more then enough.
He also gets canteen money & lunch orders ont hose days. I don't mind this as it helps me a little with one less thing to get ready but why should he get money to spend at canteen AND $5 on the weekends AND $1 if he picks up his toys? No wonder he has no idea of the value of money! He has it coming out of his ears!

$5 a weekend is $20 a month, $40 between the two of them. What on earth do 4 & 6 yr olds needs $20 a month for? Its not banked, its spending money when we go to the shop!

I think the pocket money really does need to be reassessed.

Yes, I think the smacking will stop. After his teaching coming up this afternoon & me thinking thats what she was going talk about, that was bad enough. I also worry that he will draw a picture in his diary at school titled "this is mum yelling at me" I would die!

Money wise, i think I will suggest to DH we open bank accounts for them. The $5 can be held till the end of the month & deposited. I don't mind $20 a month going into a bank account. Maybe we can make it a target account that can only be touched at the end of a goal amount. He can work towards a big ticket item at christmas time or something.

One of my biggest fears is having a child that turns into my brother. I watched my brother grow up & turn into a turd. Yes a bit of sibling hate in there but the bloke really is a nut case. But has both Mum & his dad wrapped around his finger. I don't want that to happen to me. But im not sure how to avoid & think I possibly on that path already.