Allowances are often seen as a good way of teaching kids about money we debate whether children should get pocket money, and under which conditions. Answer (1 of 11): children should not be given pocket money because this will increase their demands they will misuse that money and may also go on the wrong path they start spending the money carelessly they should realize the importance of money money is very precious they should learn that it is very difficult to. There are many different views on giving or not giving children pocket money there are also different views on if they should be required to work for that money or if it should be given as a gift with nothing required in return some parents pay children an amount per week which is linked into doing certain household chores. No wonder experts say parents should introduce their children to basic financial matters at an earlier age than ever teaching children the research from equifax reveals a growing emphasis on encouraging children to earn their pocket money through basic chores such as washing up and tidying up. Some people think giving a weekly allowance to children will help them to face less problems when they are adults do you agree or children may face emergency conditions, that time these pocket money will be a blessing for them i think i should have clicked on reply rather than message. Of course children should be given pocket-money yeah, i think children should be given pocket money because they ought to learn to be responsible at a young age in an indirect way it helps them be better at maths because what we learn is used in practical life as an example children should not be considered as.
Tim lott: i'm shocked by how much pocket money children supposedly get spoiling them by tim lott: 'if you give children too much pocket money, they will no longer be susceptible to bribes' family there is an argument that children should be allowed to blow their money on any old rubbish they like. This amount of money can be given by parents' everyday, every week or every month or even on adhoc basis, as and when the child requires it as long as parents extensively differ in their perspectives of whether or not to give pocket money to children some parents believe that pocket money should not be given since. How much pocket money should you give children when is the right time to giving pocket money to children as young as four or five years helps them start learning about money management for example, when children get pocket money, they have to make choices about spending or saving it and if they're saving up,. At first, the definite expenses that should be termed as petty is pretty much subjective in nature and needs to be well-defined to start with the second question you need to ask is what is the extent to which a child be given freedom to spend money which is deemed as pocket money while lot of parentâ€™s concerns.
Free essay: some parents cosset their children, and always give them a large amount of pocket money such conditions will make children become more and more. I grew up in the us getting an allowance for my little jobs, and i have lived in italy for 17 years, and believe me, the difference is striking, and i wouldn't change my place with these parents should certainly give their children pocket money but at certain age when a child attends the age of 18,he is said to be an adult.
Essay prompt parents should teach children about the importance of money do you agree or disagree give your own reasons and include examples from your knowledge and parents can cultivate saving habits in their children by gifting them a piggy bank where they can deposit their pocket money. Allow your child to make some mistakes and to learn from them try not to 'top up' their pocket money, give it 'in advance' or lend money that they may not be able to repay they miss out on the opportunity to learn to manage their money and live within their means.