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Should parents give money pocket for teenage students or not?

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My pocket money

Every student in school is provided with some pocket money to meet his small expenses. I am provided the pocket money by my parents. Though the amount is meager it helps me very often to buy something of great use.

I spend only a little sum out of the given pocket money. The remaining money I spend according to my own sweet will either in visiting a movie of great importance or on an outing or in visiting places of historical or cultural importance.

I do not make careless use of the pocket money given to me to spend it in my own way. I save money out of my pocket expenses prudently after meeting my normal needs. I have cultivated this habit of saving from an early age. I do not make willful waste. I do not save money as a miser but save for future use.

Since I am not aware of the problems of the future I save money for the days of woes. I spend the money in purchasing good books, dictionary and pen for my use. I derive great pleasure out of my pocket money. The money gives me the opportunity of doing something good to society in which I live.

Should parents give money pocket for teenage students or not?

With the development of our modern society, people living condition become much more comfortable. This means parents have less time to consider children needs in around, so they give them some pocket money. There are two point of views about the pocket money. Some people believe that giving teenage students money will make them become luxurious. Others think that will not lead to such disadvantages. However, in my opinion, both of them are reasonable somehow.

Firstly, the sooner teenage student learn good financial habits, the more likely they are to keep them when they get older. There are some positive lessons they can learn when give them pin money. It teaches them how to manage money efficiently and make tough decision. Sometimes, they need to find any jobs such as household chores, babysitting, and newspaper distribution to get extra money. By doing this, young adult can recognize the value of money and how hard their parents are work to get it.

Nevertheless, we cannot denied some disadvantages in spending pocket money in adolescence. First, pocket money encourages unhealthy habit. School-going children will spend it on unusable things like adult’s magazines, brands clothes, accessory, domestic, drinks, and smoking. Second, the amount of allowance which teens receive every day from parents also make them feel inferiority complex. For instance, the young adults who live in poor family will demand more money because they don’t want lose their peers, especially rich kids. If financial condition cannot meet, it can makes teenagers suffer from stress as well as depression.

In conclusion, giving pocket money for young student is also have pros and cons. Nonetheless, there is no doubt that pin money bring enormously helpful for school-going children. It could be better if parents can cooperate with school to teach student how to use and manage their money right, even concept of money.


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