Money Glossary
Look up any term — explained for kids.
Allowance
Money you get on a regular schedule.
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Allowance
Money you get on a regular schedule.
An allowance is money your parents or guardian give you, often weekly, to help you learn how to manage it.
Budget
A plan for your money.
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Budget
A plan for your money.
A budget tells your money where to go before you spend it — saving, sharing, and spending all get a slice.
Coin
A small piece of metal money.
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Coin
A small piece of metal money.
Coins are small, round pieces of metal worth different amounts, like 1¢, 5¢, 10¢, or 25¢.
Save
Keep money for later.
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Save
Keep money for later.
Saving means setting money aside so you can use it for something bigger or important later on.
Spend
Use money to buy something.
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Spend
Use money to buy something.
Spending is trading your money for a thing or experience you want.
Trade
Swap one thing for another.
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Trade
Swap one thing for another.
Trading is giving someone something in exchange for something else of similar value.