Question

Money is important for both adult and child. Narrate how you spent your pocket money around the time of your birthday.

Answer 1

Answer:

Managing your money

use the money to buy things that they want.

get used to handling money and finding out what things cost.

are responsible for looking after money.

learn to save up for things that they want.

may learn to save part of their pocket money for when they are older.

Explanation:

A Sense of Purpose and Achievement: By gradually saving some of their pocket money towards a goal, children develop a sense of purpose and pride in their achievement. They also learn to value possessions more, when they have had a hand in paying for them.