Essays

Pocket money is what parents give to their children to spend. Poor parents may not give pocket money to their children regularly. But they do give as often as they can afford. They give it especially on festivals and fairs. My parents allow me a good amount of pocketmoney. It is not fixed. I do not spend all my pocketmoney. I save a part of it and deposit it in my bank account I have opened a Savings Bank account in a nearby Dena Bank. Once I helped Ravi to pay his school fee out of my pocket money. His father was away on a lour and he did not have sufficient money. He felt so obliged. After Ills father's return he soon gave me my money back, I often buy things for my little sister out of it. She feels so delighted whenever I surprise her with sweets, a pencil box and a fancy dress. My pocket money has helped me to learn how to spend wisely and save simultaneously. It is easy to spend, but to spend wisely is a bit difficult. But to save money is more difficult.