Giving children and adolescents pocket money is common throughout the world.Discuss the advantages and disadvantages of this practice and give your own opinion.

The upbringing of a child has always been a contentious issue and there are various ideologies and practises carried out by parents to teach their children about life skills. Nowadays, parents lend a certain amount of sum every month or week to children or teenagers so that they would manage their daily expenses.

This

,

however has

Accept comma addition

however, has

some merits and demerits of it, and in

this

essay, we shall discuss them

further

.

Firstly

, there are several benefits of

such

practice,

for instance

, it teaches them to be organised and practical,

for instance

, a child would learn how to handle their monthly or daily expenses within a limited budget.

Moreover

, children learn to be observant and patience, for things they purchase and which is necessary.

Additionally

, he/she may

also

learn to value and acknowledge money.

As a result

, the child tends to be more disciplined and stern.

On the contrary

, there are two sides to a coin, and

thus

there are some drawbacks to

such

method,

for example

, some children may learn the opposite of what was meant to be.

Furthermore

, teenagers are more energetic and spontaneous about their decision, and

thus

would eventually buy something unnecessary or baseless.

However

, these setbacks can be resolved through parent involvement. To summarize, certainly the merits outweigh the demerits, and

therefore

, in my view, there is no harm in carrying out

such

methods, and it rather should be encouraged.

Nevertheless

, children are bound to make mistakes, but in-time those problems could be rectified.