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The Benefits of Allowing Children to Earn Pocket Money |
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Pocket money is a common topic of discussion among parents and their children.
Some parents believe that giving their children an allowance is enough, while
others feel that their children should earn their pocket money. In this essay,
we will discuss the benefits of allowing children to earn pocket money.
Firstly, when children earn pocket money, they learn to value money as they have
to work hard to earn it. They become aware of the effort required to earn money,
which teaches them the importance of money and the value of hard work. Moreover,
they learn to manage their finances and develop a sense of responsibility as
they decide how to spend their earnings.
Secondly, earning pocket money helps children become independent. By earning
their own money, they do not have to rely on their parents for every expense,
and they develop a sense of self-sufficiency. This independence boosts their
confidence and self-esteem, and prepares them for adulthood.
Thirdly, allowing children to earn pocket money helps them understand the
importance of being responsible for their work. Whether it's a part-time job or
doing household chores, they learn the value of doing quality work, which in
turn helps them in their schoolwork and future career.
Lastly, allowing children to earn pocket money benefits parents as well. It
helps parents to understand their children's needs and encourages them to give
them space to grow and mature. Parents can also teach their children how to save
and budget their money, which is an important life skill.
In conclusion, allowing children to earn pocket money is beneficial for both
parents and children. Children learn the value of money, become independent, and
develop a sense of responsibility, while parents get to see their children grow
and mature. By allowing children to earn their pocket money, parents can instill
important values and skills that will benefit their children throughout their
lives. |
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