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?
Some parents believe that the best way to teach children to manage
thier
Correct your spelling
their
money
is to give them just a small amount
of money
each week, while some people may argue that there might have other factors to help kids become more capable of saving money
when they grow up. However
, I agree with the former viewpoint. In this
essay, I will give reasons to support my opinion.
Firstly
, by
saving Change preposition
apply
amount
of Add an article
the amount
an amount
money
weekly will definitely improve children ability to allocate their money
. In addition
, they will automatically learn how to spend money
. For example
, once a kid want
to buy a new toy, but it is Change the verb form
wants
expensive
one. In order to get it, a kid has to collect notes day by day until it reaches the goal. Add an article
an expensive
the expensive
Consequently
, financial
knowledge that they have learned will enhance them more capable of managing Correct article usage
the financial
thier
budget.
Correct your spelling
their
the
Furthermore
, financial literacy should be taught from
families. Nowadays, many adults face Change preposition
by
with
financial problems, and they said that they do not know how to invest and collect it. Change preposition
apply
Although
there are several insititutes
promoting financial knowledge, it was too late for adults. Correct your spelling
institutes
Therefore
, building awareness since they were young is the
great way to solve the problem. Correct article usage
a
For instance
, saving money
in the same amount
weekly is a concept of dollars cost average, which is one of investment
styles. Add an article
the investment
Thus
, one could adapt this
knowledge into investment as well.
In conclusion, giving a small amount
of allowance by
weekly or monthly will help children to manage their budget well. I firmly agree that the power of Change preposition
apply
small
Correct article usage
a small
amount
of pennies would lead them to be a
well-educated financial people when they are getting older.Correct article usage
apply
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