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Economics News for English Learners – Program 1

How an Allowance Helps Children Learn About Money

Did you receive a weekly or monthly allowance when you were growing up? Do you think that it’s a good idea to give children an allowance to show them the importance of a budget and saving money? Share your insights with us.

1 Comment Already

  1. Profile photo of admin admin says:

    English Vocabulary: ALLOWANCE

    the act of allowing; “He objected to the allowance of smoking in the diningroom”
    a permissible difference; allowing some freedom to move within limits
    an amount added or deducted on the basis of qualifying circumstances; “an allowance for profit”
    an amount allowed or granted (as during a given period); “travel allowance”; “my weekly allowance of two eggs”; “a child”s allowance should not be too generous”
    a sum granted as reimbursement for expenses
    put on a fixed allowance, as of food
    a reserve fund created by a charge against profits in order to provide for changes in the value of a company”s assets

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