Disadvantages for giving pocket money for students
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they will spend them for parties, enjoying and on friends
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Disadvantages of Pocket Money:
1.The most important drawback associated with pocket money is that it makes them callous with money. They are not careful while spending money on frivolous things.
2.They do not realize the worth and value of money and are likely to take hasty and wrong decisions regarding finances.
3. With no supervision, a child might get into trouble in matters of money.
4. The child might be bullied by others if he/she carries too much money as pocket money. So abstain yourself from endangering your child’s life from any kind of mishap.
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