Some people say that children given pocket money every week will have fewer money problems when they become adults. Do you agree or disagree?

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Money
has become an important issue among family members. A number of people think that giving
pocket
money
to children weekly will reduce
money
problems in their future life as an adult. I completely agree with
this
view and I believe that children should learn how to manage a budget which is given by their parents.
First
of all, it is thought that allowance received by parents does not contribute children’s life when they become adults.
However
, children learn about cash
management
in their early life if parents give them to a bit
money
per week.
Moreover
, children improve their
money
management
skills by experiencing to spend their allowance.
For example
, research says that children can develop self-awareness to spend
money
, and it can be taught effectively how to handle a budget.
Therefore
, parents give
pocket
money
to their children.
Secondly
, children can learn how to spend a
money
wisely, and how to save
money
for their needs.
Such
childhood experiences teach children to put their
money
aside weekly and save their
money
, which is beneficial for them in the long run.
For instance
, today, many people, who did not learn to manage finances in early ages, suffer from more a high amount of debts than those who had a knowledge of cash
management
.
Thus
,
pocket
money
given in early age is a useful tool to improve financial
management
. In conclusion, a knowledge of
money
management
requires an early experience of expenditure and savings. I fully agree with the idea that
pocket
money
is an effective learning tool in associated with managing
money
in order to reduce future financial problems.
Submitted by ariannakavanagh2018 on

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