Should children be given pocket money more comfortable but along with intense competition, parents have less time to consider children needs in all-round one method to solve this contradiction is to give children some pocket money pocket money is useful to children. The â€œcurrent pocket money trends in malaysiaâ€ survey has cited that metropolitan children in the 12-20 ages group get as much as rm500 to over rm1500 a month of pocket money to spend on apparels, physical appearance, cell phone and other lifestyle products. Argumentative essay topic: children should be paid for doing chores it is common knowledge that household chores such as doing the dishes, cleaning rooms, throwing the garbage are not really entertaining activities to the majority of people, especially to children.
The child might be bullied by others if he/she carries too much money as pocket money so abstain yourself from endangering your child’s life from any kind of mishap make sure to keep these important points in mind before giving money to your kids. Children should be given pocket money so they learn the value of money a responsible parent must also keep tabs on what the child is spending the money on the child will learn from its mistakes and become a wiser spender. Pocket money should be given but the amount should be limited the student should be watched by the parents or guardian to help him/her make the best use of the money he/she has.
For 1 children should be given pocket moneyand as a parent teach them moral values according to my personal experience, the more you restrict your children more they demand for it. Well, i think parents should give to their children a sufficient enough amount of pocket money each month it teaches them many important skills like living within a budget, basics of planning one's finances, importance of money and a certain degree of discipline one must maintain while dealing with money. I’ve been asked a few times before if we give the children pocket money and the answer has always been no, but honestly it hadn’t been something we’d really thought a lot about yet. Parents should not pay children for chores - my opinionated opinion i'm not sure when my parents started to give me pocket money - i think it was some time in late primary school we've also decided to give our children pocket money from when they are in year 4 in primary school.
I serve in the children-teaching ministry in my church, and our children pastor, as well as the leaders of the church, are of the belief that we should get the children to tithe 10% of their pocket money - ie if they get £1, we will collect 10p from them on a sunday morning. Some parents believe that pocket money should not be given since that will make the child feel that ‘parents money is not his/her money’, it could lead to unhealthy competition amongst children on the amount of pocket money they get, and they will loss of control on where children spend the money. Give it as a treat, withhold it as a punishment, use it as a learning tool, reward it for completed chores reasons for giving pocket money vary widely – and many parents don't give it at all. Children should be given pocket money pocket money helps give your children a critical life skill being able to manage your own money with confidence is a life skill we believe every child, young person or adult should have. No matter how difficult it is for you to not give the pocket money if the agreed tasks are not completed, you must stick to the agreement remember, you are teaching your child basic skills in managing money and earning rewards.
Should kids get pocket money, or will an automatic allowance spoil them and if you do choose to give your child a payment per chore, think about splitting up the amount so that it equals $1 a. Free essay on my pocket money for kids – pocket money is what parents give to their sons and daughters to spend a child can spend his pocket money as he or she likes sometimes parents guide a child as how to spend it wisely poor parents may not give pocket money to their children regularly but. How much pocket money should you give your children it’s important to get it right as the amount you give can be a great way to teach your kids the value of money, saving and spending, while gradually learning responsibility and financial independence. Children should not be given pocket money because this will increase their demands they will misuse that money and may also go on the wrong path they start spending the money carelessly they should realize the importance of money.
If you give your child too much pocket money, then he will not be careful while spending when children are given a huge sum and not asked where it was spent, they don’t value it they buy things that they won’t use after 2 or 3 days. There are many reasons why children should do chores for pocket money – with a growing obesity crisis, god knows, they need the exercise – but the division of domestic labour is one of them. Giving kids pocket money is a great opportunity to teach children the value of money and help them understand about saving, spending and donating giving your children money can help them to make money decisions. To my mind parents should give their children pocket money and do not care how do they spend it (of course it is not about drugs and alcohol) i am sure that sensible spending of it teaches them a lot.
First, young children do not know how to use pocket money appropriately, they possibly consume all the money to buy expensive merchandise that they like, and then ask for extra money from their parents. However, giving your child more than inr 500 each week is extremely generous and, of course, should be scaled depending on the age of your child, what items their money needs to cover (for example if they have to buy storybooks etc as well as sweets), and vitally, how much you can afford to give week in week out. There is always a debate on whether children should be given house chores or not – with those being for them helping say that it teaches them so much, whereas those against the idea say let kids be kids for as long as they can be as childhood is short and should be full of fun. Should kids do chores in exchange for pocket money finally is the issue of whether or not to make your kids earn their pocket money – should they do chores on the one hand people say that yes, you should earn money, not just be given it.
No children should not get pocket money as i hayth nagori would like to say that no children should not get pocket money as they dont know the value of the money ,the parents who allow them are surly careless kids should be given pocket money as long as they are earning it it teaches kids to be more independent and we are allowed to. A child who is only given the amount needed for specific spending is not able to learn money management, including budgeting and saving allowance tied to chores making chores a condition for a kid’s allowance is also a top strategy for some parents when it comes to getting their child to help with housework. A survey by commbank found that almost 80 per cent of parents in australia give their children pocket money for kids aged between 4-6 years the average amount per week is $717 while in the 7-9 years age bracket it drops slightly to $704.