Children will get into the habit of planned income and expenditure. Make it very clear to them, the amount that they have received, they have to manage all their expenses within that amount and they will not get an extra amount if they misuse it.
If we talk about the personality development it is developed by the way we talk, by the way we behave, what kind of friends we have?
Others insist that there are undoubtedly some disadvantages in spending pocket money. They can have their own money to spend and helping them develop self control and understanding the value of money, and learn to save money. Parents extensively differ in their perspectives of upbringing children in a system of granting pocket money to take care of their petty expenses.
But you cannot start using pocket money as a weapon to get the child to abide by all your wishes. If the child is given money without any direction, you could run the risk of the child using the money is a way that does not agree with you.
They will know how much do things cost like food, stationery and other things that they require. For example when you first give the amount to your daughter, you need to explain that this money is to cover her school special lunch; candies or soft drinks requirements for a week.
It varies from month to month. For example, partying, food they want to eat from the canteen, buying pen or pencil. Pocket money is useful to children.
Some people think that giving children pocket money will make them become luxurious. As every coin has 2 sides, so does this also have, but let me share the advantages of giving pocket money to your child. My pocket money has helped me to learn how to spend wisely and save simultaneously.
Due to the lack of knowledge he or she cannot decide what is right or wrong. An idea might be to give your child a set amount each week, putting half in a savings account. It is easy to spend, but to spend wisely is a bit difficult.Some parents believe that pocket money should not be given since that will make the child feel that ‘parents money is not his/her money’, it could lead to unhealthy competition amongst children on the amount of pocket money they get, and they will loss of control on where children spend the money.
Free Essay on My Pocket Money for Kids – Pocket money is what parents give to their sons and daughters to spend.
A child can spend his pocket money as he or she likes. Sometimes parents guide a child as how to spend it wisely. Poor parents may not give pocket money to their children regularly. But. Should Children Be Given Pocket Money. more comfortable.
But along with intense competition, parents have less time to consider children needs in all-round. One method to solve this contradiction is to give children some pocket money.
Pocket money is useful to killarney10mile.com whether the children are considerable enough to make correct use of these killarney10mile.com are two viewpoints about the pocket.
Students/kids should be given more pocket money. I think that kids should be given more pocket money because it teaches responsibility, Helps learn budgeting at an early age, It is ok as long as it is earned and after school activities, This was written by an 8th grade student, Writing an essay ;) (it also helps kids buy snacks).
Children should not be given pocket money because this will increase their killarney10mile.com 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 earn money.
Essay topics: IELTS essay: the advantages and disadvantages of pocket money Submitted by essayking on Tue, 10/11/ - But along with intense competition, parents have less time to consider children’s needs in all-round.Download