Kids Learning → Financial Literacy → Pocket Money → What is Pocket Money

Overview

Pocket money is the small amount of money that parents give to their children regularly. It helps kids learn how to manage money, save for things they want, and understand the value of spending wisely. By handling pocket money, children can practice making choices about saving and spending, which prepares them for future financial responsibilities.

📚 Key Learning Objectives

  • ✓ Define what pocket money is.
  • ✓ Identify ways to earn pocket money.
  • ✓ Create a simple budget for spending and saving.
  • ✓ List three things they want to save for.
  • ✓ Explain why saving money is important.