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 their offsprings so that they would manage their daily expenses. In my view, there is certainly benefits of
this
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implementation.
This
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,
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however has
Accept comma addition
however, has
some merits and demerits of it, and in
this
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essay, we shall discuss them
further
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. There are several benefits of
such
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practice,
firstly
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, it teaches them to be organised and practical,
for instance
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, a child would learn how to handle their monthly or daily expenses within a limited budget.
Moreover
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, children learn to be observant and patience, for things they want to purchase or for things they desire for which they wait patiently.
Additionally
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, he/she may
also
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learn to value and acknowledge money.
As a result
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, the child tends to be more disciplined and stern.
On the contrary
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, there are two sides to a coin, and
thus
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there are some drawbacks,
for example
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, some children may learn the opposite of what was meant to be.
Furthermore
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, teenagers are more energetic and spontaneous about their decision, and
thus
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would eventually buy something unnecessary or baseless.
However
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, these setbacks can be resolved through parent involvement. To summarize, certainly the merits outweigh the demerits, and
therefore
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, there is no harm in carrying out
such
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methods, and it rather should be encouraged.
Nevertheless
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, children are bound to make mistakes, but in-time those problems could be rectified.

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