Some people say that giving a smaller amount of money weekly to children will help them become more capable of managing their money as they grow older. Do you agree or disagree?

Money plays vital role for the upbringing of any children. Many individuals believe that, if they give a little amount of fortune to their adolescent, it will help their child to organise their money in right way when they will be grown. I strongly support this point of view. This eassy will discuss the reasons with appropriate examples. To commence with, if parents give a large amount of money to their teenage child, they will be get out of their hands as well as many children can get involve in the crime, which might be dangerous for them selves. Another area of attention is that, if give a small amount of pocket money to their young ones, it will help those young ones to understand the importance of having money. As an example, a survey that has been conducted by IIT Madras has shown that, by giving the small amount of money to their kids on weekly basis, 75% teenagers have made a plan to how to save their money for future endeavours. Moreover, many youngsters have started getting addicted with smoking and other nusions. If their parents had not given then that much amount of money as a pocket money, their children would have never involved in this kind of things. For the justification, due to giving the large amount of money on weekly basis, 60% of juveniles are got involved in the crime. On the other hand, it will directly affect the way of many children's thinking. They will never try to take a risk in their future. Furthermore, sometimes there are some circumstances in which it is a necessary to have money with them. For instance, they get lost in any situation, they can reach their home if they have money. To wind it up, it is undeniable that this will help them to understand the importance of money. However, I believe that parents should teach their child to use money in the right direction.