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Does pocket money teach independence?
Pocket money does teach independence because children will know how to spend their money when they grow bigger. Children should be given pocket money to learn their maths as well. Make sure that children do not waste pocket money on waste. Children should be given pocket money so that they can learn how to save money and use it on something good. I hope this helped!
How does pocket money teaches independence?
Pocket money does teach independence because children will know how to spend their money when they grow bigger. Children should be given pocket money to learn their maths as well. Make sure that children do not waste pocket money on waste. Children should be given pocket money so that they can learn how to save money and use it on something good. I hope this helped!
Should school students be given pocket money?
yes,they should be given but for some emergency not to miss use it
Why should children have more pocket money?
Because as they get older, they have more responsibility.
Pocket money should be given to the cheildren?
yes they should because you could do chores around the house
What should you get with your pocket money?
because children need to learn how to use money as they get older but they shouldn't get it freely they should have to do work to earn it cause you will have to earn it when your an adult
What are the disadvantages and the advantages of pocket money?
* 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'
How can a kid raise money for summer camp?
Children have to save their pocket money.
What are the benefits for a children who have paper routes?
This is a good way for children to make pocket money and get exercise.
Why is pocket money called pocket money?
Pocket money is called pocket money because money was put into the pockets.If money was in the pocket, the person could spend it
Should 12year olds get pocket money?
The major advantage is the increased amount of money stashed away for an emergency, major purchase, retirement or simply peace of mind. Also, saving pocket money is easy - you empty the money from your pocket at the end of the day and whatever is there goes into savings. This then builds and reinforces a habit of being frugal and saving money, which can help a person build other good financial habits.
Why should kids be given money without having to do anything?
Some people object to children working for money, because they think it distracts them from their studies.
