To embark upon, there are numerous reasons behind this phenomenon that why few people believe that providing some proportion of money every week to children will benefit them because more able as they enter in adulthood. The predominant reason is that they can learn about financial management. To elaborate it, when children have limited money, firstly they will think about budget and they manage the money for their different purpose. To cite an example if they have money they will bring any kind of thing which they have need such as stationary, books. Moreover, parents give small amount of money to their children they have hectic schedule and they do not have enough time. Parents cannot bring small kind of things for children like pen, pencil, books so onA survey conducted by national sample survey office New Delhi India on 1634 children of 10 to 14 years in 2021 revealed that parents who hive small percentage of money to their kids. They become more responsible about the money they know about how to manage the manage for different purpose as compare to other children who dont take money from their parents. In compendium, I believe that it is good way to teach their children that how manage money because some time is happening happens with them on that time they use that money.
To embark upon, there are numerous reasons behind this phenomenon that why few
people
believe that providing
some
proportion of
money
every week to
children
will benefit them
because
more able as they enter in adulthood. The predominant reason is that they can learn about financial management. To elaborate it, when
children
have limited
money
,
firstly
they will
think
about
budget and
they
manage
the
money
for their
different
purpose. To cite an example if they have
money
they will bring any kind of thing which they have need such as stationary, books.
Moreover
,
parents
give
small
amount of
money
to their
children
they have hectic
schedule and
they do not have
enough
time.
Parents
cannot bring
small
kind of things for
children
like pen, pencil, books
so
onA
survey conducted by national sample survey office New Delhi India on 1634
children
of 10 to 14 years in 2021 revealed that
parents
who hive
small
percentage of
money
to their kids. They become more responsible about the
money
they know about how to
manage
the
manage
for
different
purpose as compare to other
children
who
dont
take
money
from their
parents
. In compendium, I believe that it is
good
way to teach their
children
that how
manage
money
because
some
time is happening happens
with
them on that time they
use
that
money
.