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

An encouraging habit that will sharpen children’s skills regarding personal finance in the long run is providing pocket
money
. On one hand, I am inclined to believe that as children are given a little amount of
money
, they will effortlessly gain knowledge and financial concepts.
On the other hand
, hardly can we deny that there are so many potential downsides which negatively affect the spending habit of those children. To assess the reason why more and more parents giving their children
money
on a daily basis, we must bring the considerable advantages into focus. Assuming a child was struggling to cope with the heavy workload from school, buying some new toys or spending on a night out with friends would be therapeutic for his or her mental health. In fact, not only can youngsters have a sum of
money
at their disposal, but they
also
have a fund in case of emergency.
In addition
, it is significant to shower our close ones with presents by the
money
that we saved up over a period of time. Another event that might require any individuals to have some amount of
money
with them is philanthropic activities,
such
as the case we donate to the impoverished beggars.
Although
so far, one can readily draw the conclusion that allowing kids to have
money
in their pocket, we must put the downside effects of
this
teaching method into perspective before judging whether every parent should follow it or not. Overspending
money
on antisocial or even illegal activities
such
as addictive games or drugs, children will absolutely ruin their future and become a disappointment to their family reputation.
Moreover
, spoiled adolescence might be appealed by social vice and gather with bad friends at parties all day without progressing their academic and personal growth. On top of that, because of receiving
money
without having to work, the kids failed to realize how much effort their parents have put into, and
therefore
those kids express no appreciation of the value of
money
. In summary, they point me to the conclusion that in principle, giving schoolchildren
money
can be a way to teach
money
management, but in practice, it may
also
lead children to the wrong path of life.

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Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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Topic Vocabulary:
  • financial responsibility
  • independence
  • financial literacy
  • work ethic
  • effort and reward
  • impulsive purchases
  • budgeting skills
  • critical thinking
  • sense of entitlement
  • modest amounts
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