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Pocket Money

Definition: Pocket money refers to a small amount of money that is regularly given to children by their parents or guardians, typically on a weekly or monthly basis. It serves as an allowance for children to manage their own expenses and learn about financial responsibility.

Part of Speech: Noun

Senses:

1. Money given to children for personal use
2. Allowance for children to learn about financial management

Usages:

1. Children often receive pocket money to spend on treats or small purchases.
2. Parents believe that giving pocket money to their kids helps them develop budgeting skills.
3. During the summer break, many teenagers work part-time jobs to earn their own pocket money.

Related Products:

You can find various books related to pocket money on Amazon.

Sample Sentences:

1. Sarah's parents give her $10 as pocket money every week.

2. It is important for children to understand the value of pocket money and make wise spending decisions.

3. Mark decided to save his pocket money to buy a new video game.

4. The children's weekly allowance is their pocket money, which they receive on Saturdays.

5. Teaching kids about saving and investing their pocket money can help them develop good financial habits from an early age.