Essay Title: Do you agree with giving pocket money to children?
Keywords or Topics: child
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Question: Do you agree with giving pocket money to children?
Answer 1
Giving pocket money to children has become a common trend in many countries. Some people believe that it might hurt teenagers, but I think it will bring numerous youngsters life changes to manage finances at an early age. I agree with this statement and discuss both sides in the upcoming paragraphs.
Undoubtedly, there are many reasons behind this positive attitude, and it will help teenagers learn finance-related skills in the future. Nowadays, pocket money has become a vital part of youngsters' lives until they are not earning money by themselves. First and foremost, when in the beginning stage, parents give pin cash to children. This money has developed the decision-making skills of children in which things are most important to them. For example, a child gathers some money to buy a favorite toy, but immediately, the teacher gives the project for a final exam; he will prioritize buying project material rather than the toy.
Secondly, petty cash develops the financial ability of ...