The Pros And Cons Of Giving Children Pocket Money Every Week Essay

The pros and cons of giving children pocket money every week.

These days more and more parents are getting into this strange weird habit to give their kids pocket money every week. But what are the pros and cons of this habit?

The good thing about children pocket money is that children learn money management. They learn they cannot afford everything and it brings it up to saving money. Another pros about pocket money is that children learn plan ahead. They plan their budget, make choices between what to buy and „Maybe I should save it for something better?” And also it is a result for kids not asking for extra money all the time.