Students all around the world think it great to have some money in their pocket. But how much do they get?
In the US, a little pre-school kid may got a dollar or two, but older children get more. A lot of American parents give pocket money to their children. but their children have to do chores. In Britain, kids in primary school get 4 or 5 pounds each week. When they enter middle school, they get about 9 pounds.
Like kids in the US, British children do chores to earn `their pocket money,too. That's why British and American children know a lot about spending money. What do they buy with money? Most of them spend it on sweets, crisps and chocolate.
"Is it good to have pocket money ?"some parents may ask the question , the answer is:of course yes!
If children have some pocket money, they can learn to find out what things cost and save money for things that they want. There are lots of good lessons to learn:
If you spend it all once, there is no money until your next "pay day"
If you bought the wrong thing, you'll be much cleverer next time.
If you borrow money, you have to pay it back.