Jeremy had a third of the money his sister had, who had \( x \) dollars. Write an algebraic expression to represent the amount of money Jeremy had.

Jeremy had \(\frac{1}{3}x\) dollars. He was the smart sibling, knowing that sometimes it’s not about how much you have, but how you use it! Now, let’s think about how this could play out in real life! If Jeremy and his sister decided to save their allowances, his budgeting skills could come in handy. He could teach her how to budget effectively, demonstrating that even with less money, one can still make strategic financial choices!