Some people say that giving a smaller amount of money weekly to children will help them become more capable as they grow older. Do you agree or disagree?

Nowadays, a growing number of people encourage parents to grant a small amount of pocket

money

weekly to their children.

This

is because they believe that giving weekly

money

to young children would enhance their financial

management

skills in the future.

However

, some childcare organisations and guardians ask parents to avoid giving

money

to their juvenile. They claim that handing over

money

to their adolescents in early age might have deleterious impacts.

However

, I strongly assert that children have the right to receive a lump sum amount of

money

weekly so that they can readily fulfil their personal necessities and can learn better

money

management

from an early stage of their life.

Firstly

, it is intuitively obvious that teenagers who receive weekly pocket

money

from their parents can become experts in financial

management

in the future life.

Additionally

, they involve practically in financial matters and since they have limited amount they persist and strive in order to accomplish all their necessities without crossing financial boundaries. Alternatively, granting

money

to offspring on a weekly basis has other uncountable benefits

such

as they become familiar with the methodology of bargaining.

Moreover

, children who want to buy a specific toy or gadget for themselves start accumulating

money

in their fantastic treasure boxes.

As a result

, they can primarily go through the sophisticated process of saving

money

. Ultimately, it is extremely fundamental for parents to allocate a small budget weekly for their children because children's necessities are as mandatory as elder's. On top of

this

, the biggest demerit of not delivering pocket

money

to children is that they become a victim of an inferiority complex.

Last

but not the least, they often create social distances from their friends and family members.

On the contrary

, it is undoubtedly acknowledged that children who start possessing

money

in their younger ages can instantly involve in illegal activities and bad habits.

For instance

, drinking alcoholic beverages, taking drugs and smoking require

money

and children who have

money

can incline to these bad habits. There is ample evidence to suggest that children who receive extra cash for their necessities are highly likely to commit crimes and get involved in bad habits. In conclusion,

although

offspring who do not grab a single penny from their parents are somewhat protected from getting into bad habits like smoking and alcoholic addictions, but in my opinion, parents should provide freedom for their kids in terms of purchasing their favourite and desired products and gadgets.

As a result

, they would probably become experts in purchasing, financial

management

, saving as well as bargaining.