Pocket Money
|Pocket money as the name suggests is money given to children to take care of petty expenses. This amount of money |
|can be given by parents ' everyday, every week or every month or even on adhoc basis, as and when the child requires|
|it. As long as the child has the freedom to spend the money, it will be deemed as pocket money. |
|Parents extensively differ in their perspectives of whether or not to give pocket money to children. Some parents |
|believe that pocket money should not be given since |
|* |
|That will make the child feel that 'parents money is not his/her money ', |
| |
|* |
| 'It could lead to fights between children ', |
| |
|* |
| 'Unhealthy competition amongst children on the amount of pocket money they get ' |
| |
|* |
| 'Loss of control on where children spend the money ' |
|
|can be given by parents ' everyday, every week or every month or even on adhoc basis, as and when the child requires|
|it. As long as the child has the freedom to spend the money, it will be deemed as pocket money. |
|Parents extensively differ in their perspectives of whether or not to give pocket money to children. Some parents |
|believe that pocket money should not be given since |
|* |
|That will make the child feel that 'parents money is not his/her money ', |
| |
|* |
| 'It could lead to fights between children ', |
| |
|* |
| 'Unhealthy competition amongst children on the amount of pocket money they get ' |
| |
|* |
| 'Loss of control on where children spend the money ' |
|