Learn Chinese word: 压岁钱 yāsuì qián

压岁钱（yāsuì qián）lucky money
Explanation:

On the first day of lunar, the young generation congratulates the old generation with “Happy New Year!”
Then the old generation will give the young some lucky money which wrapped with red paper or red envelope. Because red is a color with joyful. Lucky money means the old generation‘s love to the young and hope them can have a good luck in this new year. this is the lucky money which lots of the young want.

In China during Spring Festival, children receive money called “压岁钱” after they wish their elders happy new year. Tradition has it that “压岁钱” money will suppress evil spirits, allowing the younger generation to spend their year in peace and safety

Sentences:

1. Měinián háizimen dōu qīdài zhe zhǎngbèi men gěi de yāsuìqián.
每年孩子们都期待着长辈们给的压岁钱。
Every year, children await the New Year’s money they receive from elders.

2. Chūnjiē zhī hòu ，yǒu de háizi yòng yāsuìqián mǎi zìjǐxǐhuan de dōngxī ，yǒu de bǎqián cúnqǐlái.
 春节之后，有的孩子用压岁钱买自己喜欢的东西，有的把钱存起来。
After Spring Festival, some children use their New Year’s money to buy things they like, while others save it up.
Phrase:
压岁钱yā suì qián：lucky money
长辈zhǎng bèi：eldership
春节chūn jié：spring festival
期待qī dài：to look forward to