Allowance is like a special gift of money that you get from your parents. It’s kind of like when you get a sticker for doing a good job, but instead, it’s money you can use to buy things you like. Your parents give it to you because they want you to learn how to use money wisely.

Think of allowance as a small garden. Your parents give you seeds (money) every week. If you take care of your garden by saving some seeds and planting them (saving money), you can grow a beautiful garden full of flowers (buy nice things later). But if you use all your seeds at once, you might not have any flowers to enjoy later.

Allowance is also like a treasure chest. Every time you get some money, it’s like adding a shiny coin to your chest. Over time, your chest gets fuller and fuller. You can decide when to open your treasure chest and use your coins to get something special, or you can keep saving them to get something even bigger later on.