Pocket money is a small amount of money given to children by their parents or guardians. It is often provided on a regular basis, such as weekly or monthly, to help children learn about managing finances. Kids can use this money to buy small items, save for larger purchases, or learn the value of budgeting. The concept of pocket money encourages financial responsibility and independence. By handling their own money, children can practice making choices about spending and saving. This experience can help them develop important skills for managing money in the future, preparing them for adulthood and financial literacy.