State your opinion: Should kids be allowed to have money at a young age?

Kids
should be allowed to have
money
with a limit.
Kids
should be taught how to manage
money
from a young
age
so it does not become an issue in the future. Most people nowadays have shopping problems and don'
t
know how to manage their
money
because they were not trained to from a young
age
. People go around spending
money
they don'
t
have
instead
of saving up. I think
kids
from ages seven and eight should be allowed a monthly allowance and learn how to spend it properly. I
also
believe that
kids
should be introduced to taxes and how you pay them. You see, schools don'
t
teach
kids
any of
this
and I think it's absurd.
Kids
would turn into young adults,
then
adults, and
then
they
finally
have to learn it on their own when
school
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the school
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could've taught them at an earlier
age
and made them ready for the future.
Money
, as we all know is one of the most important aspects of life.
For example
, you need
money
to afford food, a home, or a car. Basically, you need
money
to live, and if you don'
t
know how to manage it, you won'
t
get far or anywhere really. Knowing how to spend your
money
correctly is very important as it helps you prioritize your expenses. Learning to manage it from a young
age
trains your brain to prioritize what you need and what you don'
t
. To achieve
this
, parents should assign
kids
chores and pay them as a reward for completing them. After a month of chores, parents can take their
kids
to the toy store for a mini spree. With
this
,
kids
will not only learn to value and save up his/her
money
but
also
be
practicing
Change the spelling
practising
show examples
math, self-control, and how to prioritize expenses.
This
way,
kids
will
also
learn that if they work hard there will be a reward at the end of the road. In conclusion, I think that
kids
must be allowed
money
at a young
age
, and for a person to become successful with handling
money
they should be trained from a young
age
.
Submitted by sargsyan_armine on

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