In the past children were taught how to save money, but today they only learn how to spend it. Do you agree?

Saving
money
was taught to be a part of growing up
in
Suggestion
with
children in the past in comparison to those who more easily spend now. In recent years, children find it easier to spend on things they want to buy.
This
reason can be influenced by many factors
such
as television commercials and peer pressure. Parents need to teach their children different ways of saving from a younger age and make them understand the importance of it
,
Accept space
,
this
will help them in the future.
For example
, I remember growing up having a piggy bank where I collected
money
for a period of three months I would start collecting every penny I got.During the end of
this
period, I would be so excited and look forward to the day that I could use the
money
and buy something I really wanted.
This
habit made me realize the importance of saving. It
also
helped me become more patient as well as to understand the value of what I bought. Since I understood the importance of saving, it helped me save and budget when I had to be independent. Youngsters need to understand the difference between ‘wants and needs’ before spending,
this
teaches them to value things. Parents and adults should positively encourage and educate children to make
right choices
Suggestion
the right choices
of spending on the important needs. Children in poorer countries can’t afford to even spend on average needs like water
,
Accept space
,
food
,
Accept space
,
books and clothes. To conclude, our children need to learn to spend wisely and make smart choices rather than blindly spending
money
on things that are not important long term. I agree with
this
essay that children in the past were taught to be wise with their spending and were encouraged ways to save when compared to
recent times
Suggestion
the recent times
.
Submitted by sarahmbawa on

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