Disadvantages of giving pocket money to children
Answers
Disadvantages Of Giving Pocket Money To Children
Pocket money itself is neither good nor bad; however, how we use it makes it good or bad. I strongly believe before giving pocket money to children, we must teach them the value of money along with the wisdom of using it wisely and judiciously.
Pocket money given irresponsibly and carelessly can cause many unwanted problems. It has been observed that youngsters, who get lots of pocket money, misuse and abuse it. Since they are young and inexperienced, they are liable to misuse the money in unhealthy and bad ways. They may get addicted to dissipations such as drinking, smoking, gambling, etc.
In less serious cases, children may get addicted to eating fast-food that is quite detrimental to the health. Presence of money in the pocket can tempt to indulge in time-wasting activities such as hanging around with friends aimlessly at malls, market places, cinemas, etc. This might affect their studies adversely.
So we have to teach them the right perspective to handle money very carefully. It should be used exactly like a fire as a means to ends. It should never be made an end itself. As excess of fire burns the food, similarly we must not go after excess of money. Only as much is sufficient as fulfills our needs. And most importantly, we must teach them to earn their share of money through hard work—as the saying goes ‘through the sweat of thy brow.’