Read the text. Mark the sentences as TRUE, FALSE or NOT STATED.

Small children can understand money. They get the idea that in order to buy something you have to pay for it. Also, they know that in order to have money you have to earn it. Of course, kids can’t earn their own money yet and that is why parents start giving pocket money to their children at а certain age. Apart from fun, pocket money can be а great tool for teaching children the art of budgeting, saving money and setting goals. Besides, children can be taught how to donate small sums to charity. In other words, pocket money can be used to teach small children decision-making but children should not be paid for obeying their parents or for helping them about the house.
1. Children can earn their own money. ...
2. Pocket money teaches children to save money. ...
3. Small children cannot understand money. ...
4. All parents pay children for helping them. ...