Views on Article - Would You Give Your Child Pocket Money?

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Name: sabina
Country: India
Comment:
i want to say that parents should not give pocket money to their children they can misuse it and it spoils them .Even sincere child is spoiled as they get the air that i am something REMEMBER IT IS BETTER TO BE SAFE THAN SORRY SO

Name: omeshnaf
Country: Libya
Comment:
money matters to people of every ag at every stage of life .so we should teach our children the value of money in early age.

Name: ANANDI
Country: India
Comment:
IN MY OPINION THE CHILDREN MUST GET THE RIGHT AMOUNT AS THEIR POCKET MONEY, BUT THE PARENTS MUST KNOW WHERE THEIR WARD IS SPENDING HIS/HER POCKET MONEY. THIS TEACHES THE CHILDREN TO HANDLE THE MONEY IN A RIGHT WAY AND IT ALSO A BETTER WAY TO MAKE CHILDREN AWARE OF THE VALUE OF MONEY.

Name: yashi singhal
Country: India
Comment:
they can miss use it . so we should not give pocket money to children.

Name: Abir
Country: Tunisia
Comment:
I want to say: Paaaarents should give us(children)pocket money!!!

Name: lavanay mishra
Country: India
Comment:
offcourse

Name: a girl
Country: India
Comment:
no.it really spoils children..evensicere child is spoiled as they get the air that i m somthing..

Name: Abhinanda
Country: India
Comment:
Pocket money should be given because a chilld has also to buy some important things such as some gifts[if there is some of the friend's birthday] or any things for the class party.This also teaches the children to live themselves on their own.

Name: Travis
Country: Other
Comment:
You shouldn

Name: shubhangi priya
Country: India
Comment:
in my opinion pocket money should not be given.

Name: shweta
Country: India
Comment:
As a coin has two faces.just like that there are two possible answers for this.but in my view pocket money must be given to children from the early age.like this they can understand the value of money and also learn importance of saving in the early age of their life.i insist that parents must teach them to save and use their saved money to buy something nice for them.also by reciting some examples can teach them how to use the saved money during imergencies.but all this thing must be started in very early stage so that they can easily learn this thing.

Name: A person
Country: fiji
Comment:
Pocket money is an issue that can be seen as somethimg new. What I have noticed in groups of children I have observed is that pocket money is a big indicator of socio- economic standing and is a avenue to show the rich and the poor in society. Coming from an educational orgonisation with youths of different socio-ecconomic backgrounds and yet being from an upper- class family, I have stared in awe at kids who pay in the canteen with 50-dollar notes! ... I had a substiantial amount of pocket money at that age and having this exprience taught me to deal with money in later life when I moved to study and live alone. It is not uncommon for kids to leave home for the purpose of education nowdays . At such a time it is imperative to be able to manage ones own money otherwise .... very frankly and this is an experience that I have seen happen to many people .... you end up BEGGING , BORROWING AND STEALING .... Why sell yourself so cheap? learn to handle money and learn the value of it at same time. Espicially if you have intensions to send your child away from home to studu , my advice is teach hime to handle money as otherwise he may end up in a giffy. So if you donot wish to be sued to banckrupsy teach your child the value of money . REMEBER ......IT IS BETTER TO BE SAFE THAN SORRY SO... TEACH YOUR CHILD THE VALUE OF MONEY !

Name: Heather
Country: usa
Comment:
Yes,I would give my child pocket money only to give my child some responsiblity. So he can learn the value of a dollar. As a child I never recieved pocket money from my parents. My grandparents gave my siblings and myself money for our birthdays. In my opinion I believe money should be incorporated into a childs lif so when they get older thier spending habits will not go over the edge.

Name: Chitra Singh
Country: canada
Comment:
I'm from Guyana but lives in Canada. Yes! I will give my kids pocket money when the time is ripe. I have 3, 5 and 7 years old children and I am already teaching the 7 year old the value of a dollar. Whenever they bring Scholastic book orders from school, they want too many. I told her that you can have any item(2) to a value of $10. She then learns to add the item(s) in order not to go over $10. We then take the money from her Piggy bank to pay for the books. Now that Christmas flyers are distributed every week, she comes and ask me if a toy (she'd then give me a figure) is too much. I then compare the value with things such as grocery, pants, shirt, take-out, etc... etc. She is definitely understanding that not every thing can be purchased just because they wants it. Another technique is that whenever we visit the mall and she asks for something, I ask her again to think if she have something at home that is similar to what she wants.... then she'll say yes or no. Giving my children a certain amount of pocket money will show then how to spend and how to save. It also gives them the freedom to make some minor financial decision and feel good or bad about it. My parents allows me to save any excess pocket money. That was how I got a Bank account when I was 11 years old.

Name: vinni
Country: india
Comment:
i was o f the opinion that pocket money should not be given till i caught my 9 year old taking out rs10 on the sly from my purse.on being reprimanded she said because i have always refused hher so she took it on her own because she was big enough and once in a while she wanted to buy things of her own will.i realized my mistake.too many controls spoil the child and not moulds them

Name: briana
Country: usa
Comment:
i would becuse they are luckey to me

Name: Kfantechi
Country: usa
Comment:
Yes, I would give my kids and allowance. I have a 5 year old and he seems to think that he can get what he wants when he goes to the store and doesn't realize that his dad works hard for the money. So i have just started with a chore chart. Each chore has a set amount it's worth. if he does it daily then at the end of the week he gets paid for it. But the money goes into his piggy bank. I grew up that way and I only think it fair for him. I leared that if what i wanted costed to much that i couldn't get it or if i did then i had to repay the borrowed money.

Name: Vivek Sadarangani
Country: india
Comment:
YES, I believe that my child must learn the value of money. Offcourse he should give me pocket money when he grows up and earns too. That porche would be nice too.

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