9 Years

2017-02-06 Years

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Should Children Get Pocket Money? I Essay By Samaira

Should Children Get Pocket Money? I Essay By Samaira

Should Children Get Pocket Money?

In my opinion, children should get pocket money because it teaches them to be independent while spending money and being wise about what they want to buy. Children also learn how to handle money carefully and not waste it on everything they desire.

This money should be used to buy toys and clothes for children in the orphanages and to buy daily necessities like food for poor people. It also teaches the children how to be thrifty with money. Children should receive around ₹ 200 per month. If I were given pocket money, I would help needy people and buy gifts for my friends with my allowance.

However, the pocket money should be stopped when children don’t spend it wisely or buy things that are unnecessary. If a child is naughty or is not studying, their money should be taken away by their parents.

By Samaira Churiwal

Magic Money I Story By Samruddhi

FAQs Should Children Get Pocket Money? I Essay By Samaira

  • What is Samaira’s main argument regarding pocket money?Samaira believes children should receive pocket money because it teaches them financial independence, how to make wise purchasing decisions, and how to be thrifty rather than spending impulsively.
  • How much pocket money does the author recommend giving children?The suggested amount is around ₹200 per month.
  • According to the author, how should children spend their allowance?The allowance should be used charitably, such as buying toys and clothes for orphans or providing daily necessities like food for people in need. The author also mentions using it to buy gifts for friends.
  • Under what conditions should pocket money be stopped or revoked?Parents should withhold or take away pocket money if a child spends it unwisely on unnecessary items, behaves poorly, or fails to focus on their studies.
  • What key life skills does giving pocket money foster in children?It fosters financial responsibility, careful money management, empathy through charitable giving, and personal discipline.

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This article is published by Bookosmia, India’s #1 publisher for and by young people. Bookosmia publishes stories, books, podcasts, events, TED-Ed talks, workshops, bedtime stories and more related to kids and young adults.
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