Some people think that giving children a certain amount of money every week will help them have fewer financial problems in the future . To what extent do you agree or disagree?

It is often believed that it is easier for
children
to manage financial problems when they are given a certain amount of
money
each week. I partially agree with
this
, for they are more likely to calculate their budget regardless of the potential risk of wasting it on unnecessary goods. On the one hand, those who are provided with
money
each week are better able to manage their saving so as not to waste it.
In other words
, they are encouraged to calculate their spending including tax with more experiences of shopping, which makes
children
more serious about their transactions.
For instance
, some
children
even keep records of their spending so they can have a clearer sense of
prices
Correct article usage
the prices
show examples
that each item costs, encouraging them to make plans ahead of their shopping so they will not get confused having no
money
.
Consequently
,
children
with a regular income tend to spend
money
more strategically to avoid
such
an unfortunate situation.
On the other hand
, providing a certain amount of
money
to
children
may promote unnecessary shopping
due to
increasing savings. Indeed, they tend to regard
money
as less valuable as they receive it regularly, which discourages them from considering the necessity of products in their lives.
For example
, many
children
often spend
money
on new items or tools for their online games, only to find them useless.
Thus
, their immaturity causes more trouble as they are often not careful and spend over their budgets, which they would regret later. In conclusion, I somewhat agree that giving
money
to
children
weekly makes it easier for them to manage it in their later lives since they are more encouraged to be responsible for their purchases.
However
, it often causes more problems
due to
the habit of spending
money
that exceeds their budget.
Submitted by mizuho on

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You are not ready for IELTS Speaking, if you

  • Can’t speak smoothly without pauses.
  • Use simple words and lack vocabulary.
  • Feel nervous and anxious when speaking.
Topic Vocabulary:
  • financial responsibility
  • weekly allowances
  • budgeting
  • saving
  • financial management
  • spending choices
  • future goals
  • experiential learning
  • trial and error
  • funds
  • independence
  • decision making
  • delayed gratification
  • debt
  • financial woes
  • financial habits
  • overspending
  • undervaluing money
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