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Many of my university students go to visit their grandparents at the beginning of the year. Of course, they love their grandparents, but they also like the New Year’s money that they give them. Do you know how much money you should give a child at this time of year? According to one website, elementary school children should get between 1,000 and 3,000 yen, junior high school students should get 3,000-5,000 yen, and high school students should get 5,000-10,000 yen. You don’t need to give university students anything because they are almost adults. Luckily, my students have nice grandparents. (by Prof. Douglas Jarrell)
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