What does Spend mean? (for kids)

Spend means using money to get something. When you give the canteen auntie RM1.50 for a plate of nasi lemak, you spend RM1.50. The money goes out, and the food comes in.

Once money is spent, it's gone from your pocket. That's why it's worth thinking a little before you spend.

Easy example

At the pasar malam, Arif has RM5. The first stall he sees sells glowing balloons for RM5. Wah, so nice! But if he spends it all there, he can't buy the apam balik he was dreaming about all week.

So Arif walks one round first, looks at everything, and then decides. Same RM5, but now he spends it on what he really wants most. Walking one round before buying is a simple habit even a five-year-old can learn.

Try it at home

Next time you're at the kedai runcit, give your child a small amount, like RM2, and let them choose one thing. Let them pay and get the change themselves. On the way home, ask:
- "What did you spend on?"
- "How much is left?"
- "Happy with it or not?"

How this word grows

Before: Income · Next word: Need and Want · All words: Money Words

Bilibulu is money education for families. It is not financial advice.

Keep reading

• Choice
• Price
• Enough
• Book: Meet the Money Friends with Aik Vol 1 · Back to Money Words