Allowance Essay

Please Dad, Can I? No, you cant. That is the answer of most parents, when asked by their tyke if he can have an allowance. Parents believe that allowance makes a child unappreciated specie. The accuracy however, is the opposite. Allowance aids the child turn into a financially secure adult by teaching him m 1y management. Also, beca white plague it is their own money, children volition feel independent and important. Finally, allowances teach kids that to earn money and succeed as an adult, one has to work concentrated and be responsible.Parents should give children allowances to help the child prepare for the future. Every parent wants their child to grow up, and become more successful than they were. To do this, the child has to chance upon to manage money properly, particularly nowadays since swiping a card is all it takes to bankrupt oneself. Starting an allowance system will help a young person manage money better. If a child uses up their money for fast gratification instead of saving it, they might regret it later because they can non afford something.By learning to indite up money the child will be learning to prepare for the future. Allowance help kids learn that spending your own money is different than spending someone elses. For the same reason, children with allowances can grow up to be independent adults. Because it is their own money they are spending, children will not have to rely on their parents all the time. Instead of asking their parents which is annoying and even degrading for the child, and irritating for the parents they are able to use their own money.This makes the child feel important and helps increase their self esteem. When an adult, the child will not accept too much money from banks or people and obtain a large debt. Instead, the person will learn state and use the money he himself owns. Which leads us to our third reason allowances teach responsibility and hard work. By earning ones allowance by doing chores and work around the house, a child understands that money does not grow on trees instead one has to work for it.As an adult this person would work hard at his job to get money. Additionally, the money will not be wasted on supererogatory items because the child knows that there is a limited source. So as one can see, contrary to normal belief, allowances actually make kids appreciate money. For that reason, allowances help children become responsible, independent, and financially secure adults. Essay Topic Allowances By Tarim Shahab September 17, 2008 Mrs. de Mestral 7/8-3