Some people say that giving a smaller amount of money weekly to children will help them become more capable as they grow older. Do you agree or disagree?

Children
are growing beings, not mini versions of adults. They grow physically, psychologically as well as socially. Parents or caregiver plays a major role in shaping them as mature responsible citizens.
Therefore
, parenting is not an easy affair to cope with. Financial management is a basic concept that
children
should learn from their childhood. Some parents are used to providing them with everything they ask whilst, others have control over them and give small amounts of
money
regularly to make them practice management of their
money
. In
this
essay, I am going to explain why I agree with the latter view. The economy is not a subject that all students going to learn at school yet, all the grown-ups need to cope with it.
Hence
, it is a sense of perspective that everyone should acquire. Giving a small amount of
money
which satisfies their needs is a better strategy to use for them to adjust to a self-fulfilling lifestyle.
Then
, they have to plan their expenditures for the week and curtail non-essential things. Another important benefit is since they have limited
money
, they won't confront with abusing
money
by addicting to bad habits
such
as video gaming, buying films or more seriously dangerous drug addiction.
On the contrary
to that, one can argue, why we should let them feel guilty for not having enough
money
as a result
, most parents try to provide them with as much as possible even if, they don't have an actual capacity. I strongly disagree with them because
children
do not have
such
a capacity to understand what is wrong and good. They should be supervised regularly to grow as adults. To sum up,
Children
should be taught financial management and the importance of saving before giving plenty of
money
to them.
Submitted by iroshajanaki on

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Topic Vocabulary:
  • financial responsibility
  • independence
  • financial literacy
  • work ethic
  • effort and reward
  • impulsive purchases
  • budgeting skills
  • critical thinking
  • sense of entitlement
  • modest amounts
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