Is pocket money important for School going students

U

User

Monday, 18 October 2010 15:19

Anything within limits is permissible.We should teach children to save some amount from the given pocket money. :)

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U

User

Monday, 18 October 2010 15:28

No.It should not be given to school students as many drugs and other things are available around schools and colleges.

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U

User

Monday, 18 October 2010 15:46

I agree with you Abid.Drugs are ruining many of the school going students and youngsters all over the world.

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U

User

Monday, 18 October 2010 17:35

A little of it can be considered but the pocket should kept as small as possible!

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U

User

Monday, 18 October 2010 21:46

Little pocket money is advisable for urgent needs. Good habits are always needed and it does nt link with money..If they have will to do something bad like drugs they can even get by stealing or other illegal means..

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U

User

Monday, 18 October 2010 22:44

I am not much in favor of giving pocket money to the students, but where its not avoidable, the sum should be very much reasonable and also the parents should keep a check on how and where it is being spent!!

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U

User

Tuesday, 19 October 2010 00:05

Parents must teach the children to maintain a small book to write about how their pocket money is spent.We can then let them understand about what are the expenses that could have been avoided.

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U

User

Tuesday, 19 October 2010 00:07

It's absolutely essential to keep a strict watch on their spending!

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U

User

Tuesday, 19 October 2010 00:23

We can educate children to spend their pocket money for buying some note books,buying birthday presents,donating to orphanage etc..

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U

User

Tuesday, 19 October 2010 11:16

I was given pocket money only during school tours.I had seen many students with pocket money spending by buying useless dirty sweets available on roadsides.Now instead of that sweets some more 'high things' are available.

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U

User

Tuesday, 19 October 2010 19:17

That's a possibility and need to be very vigilant on this!

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U

User

Tuesday, 19 October 2010 19:17

That's a possibility and need to be very vigilant on this!

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U

User

Wednesday, 20 October 2010 14:33

It is necessary to help children gain practical experience of every aspect of life. Financial management is one such aspect. Pocket money helps children to gain experience in finance management from very childhood. The parents should however take care that pocket money is not too much and is sufficient for child's genuine needs.

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U

User

Wednesday, 20 October 2010 23:55

That's a good point,Gulshan!The only thing that has to be ensured is some kind of control over their spending.

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U

User

Thursday, 21 October 2010 11:52

Yes,Children need to know about financial management.They should learn from their early ages that just earning money is not enough, a proper plan to save it and multiply it is essential for a safe and a happy living.I think now a days children are very smart.

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U

User

Thursday, 21 October 2010 11:59

Not only children all should know financial management.If parents know it children will get pocket money only according to it.

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U

User

Monday, 01 November 2010 01:12

Good question and healthy discussions here on this topic keep carrying out such healthy discussions.

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