Some people think that it is a good idea to give children a small amount of money each week to spend on what they would like.Other people think this is wrong and that it is a waste of money.Discuss both views and give your opinion

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It is often thought by many that it is benefitted for the children to get a small amount of
pocket
money
after every seven days to outlay it on the useful things while others believe that it has more disadvantages and the wastage of
money
.
This
essay will discuss both views of the statement,
however
, in my opinion, the benefits of giving small
money
to the children outweigh the limitations.
First
of all, the main advantage of giving
pocket
money
for children is the management of
money
. They can learn how to spend or manage finances on useful things. These skills will definitely help them in their future, and they will never face the debt pressures. Reports,
for example
, suggested that the children who receive a small amount of
money
in their childhood, more have the skills of managing or saving the
money
.
In addition
,
this
helps the children to get a sense of purpose and achievement. They have made a plan to buy a special or required thing by spending their small savings.
Thus
,
pocket
money
is an essential to give the children.
On the other hand
, there are some reasons behind those who believe that giving a
money
to the children is wrong.
Initially
, they become spendthrift. As they spend
money
or finances on unnecessary things or products. They become more cruel in the terms of spending
money
.
Secondly
, they may indulge themselves into the bad habits or do wrong works by using
money
,
such
as little gambling, take drugs and so on.
Therefore
, these are perhaps the reasons for those who think that giving
money
to the children is wrong In conclusion, even though there are some disadvantages of giving small
pocket
money
to the children, I believe that there are more benefits, namely learning an important life skill and having a sense of purpose, of giving a small amount of
money
to the children every week.
Submitted by jhldeep on

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