Giving children and adolescents pocket money is common throughout the world. Discuss the advantages and disadvantages of this practice and give your own opinion.

In many families, it is recently common to give

children

pocket

money

. The essay will discuss both benefits and drawbacks of

this

question. In my perspective, it is a good practice, which can be the

first

lesson of the economy and can help to teach

children

to save

money

.

The

first

thing that needs to be said is some general advantages of

this

issue. According to research, individuals, who were given up

pocket

money

when they were

children

, can better save and earn

money

in their adult life. A habit to save

money

, which is taught in adolescence, can be saved a whole life. And reversely, a person, who was not given

pocket

money

in childhood, with high probability, would be a spendthrift.

This

is explained by the fact, that

pocket

money

gives

children

their

first

understanding of an economical system. With

this

instrument,

children

have an opportunity to understand how

money

spread through the market.

Therefore

,

this

knowledge can help them in their future life to better earn and save

money

.

The most common argument against

this

is people’s strongly believing that

money

gives an opportunity to buy different addictive things like alcohol, drugs, PC games and others.

Children

cannot be responsible for their lives, due to their young undeveloped brain system.

This

fact can make them depending on a negative environment and, those who have

money

, can be more influenced,

However

, if adults protect their

children

from these purchases by fixing their expenses and teaching them, these consequences could be escaped.

Moreover

, should not be forgotten, that close participation in the rearing process is the main obligation of any parent. The relationships between parents and

children

must be strong, in these cases, adolescents can avoid the above-mentioned problems.

In conclusion,

pocket

money

can cause negative consequences only in situations, when parents do not educate their

children

as well.

Otherwise

,

pocket

money

has exceptionally a positive impact on

children

‘s development. In my perspective, the pros of

pocket

money

are more significant, than the cons.

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