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 that this is wrong and that it is a waste of money. Discuss both views and give your own opinion.

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Parents are the best judge for their children. They are the source of all learnings and teachings that children might get while living along them. Giving a small amount of
money
each
week
as a pocket
money
to children to spend can teach them valuable lessons in
life
or it can be a waste of
money
too. Depending upon how the children have their upbringings, they will utilize the
money
given to them every
week
. Giving a small token of
money
every
week
can make children more independent.
This
would generate a sense of responsibility indicating them now they are grownups and can take decisions for their own future events. They can realise the true worth of
money
and how
life
balances on the
money
. If they can spend the
money
, they would be able to learn valuable
leanings
the cognitive process of acquiring skill or knowledge
learnings
. They can decide what is good and what is bad for themselves or others affected by their decisions.
Moreover
, giving them a small amount every
week
will make them more practical in
life
and they can start thinking towards how to manage their budgets for themselves early in childhood. They can start prioritizing the things they need and what they don't need.
This
all can turn upside down as well. Sometimes, getting
money
every
week
would make them feel more dependant. They would start taking it for granted as they have identified the pattern of getting
money
each
week
. Giving
money
in the hands of children might
also
push them in the wrong direction in
life
. They can start buying things which most attracts them not thinking whether it would be beneficial to them or not. They might cultivate bad habits due to spending it in the wrong places. In my opinion, giving
money
in the hands of children every
week
would entirely depend upon the trust generated between the parents and children. If the children are capable of understanding what is good for them and how others would be affected by their decisions,
then
it is beneficial for them to have some
money
to be spent. It will create a better individual out of them and help them develop better in
life
.
Submitted by devmalik26 on

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