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 having pocket money, children can practice making choices about how to use their money, which is an important skill for their future.

📚 Key Learning Objectives

  • Define what pocket money is.
  • Identify ways to earn pocket money.
  • List items they want to save for.
  • Create a simple budget for their pocket money.
  • Explain why saving money is important.