Is Pocket Money A Good Thing To Have?

FeaturedImage_FinancialCrisis_9.jpg

Is Pocket Money A Good Thing?

Pocket Money is given a lot throughout the globe but is it really a good thing and how does it affect a child when too much is given? In My Opinion pocket money is a good thing but should only be given when a child has done A chore, Gotten good grades in school etc. Too much pocket money could often give a child the thought they don't have to work for it. Pocket money is important to reward a child if you give the child a lot more than they should have you, yourself may not have enough money to buy essentials for your house, this could go as far as not being able to pay your bills because you have give your offspring too much pocket money. This is a serious crisis and could affect the family! Over 50% of the world has parents giving to much pocket money to their children! Pocket money is a good thing but too much could cost you more than you think!

Please If you have any Questions, Suggestions, Or even Opinions Feel free to leave it in the comments bellow I would love to know Your Point of View!

Comments (9)

You must be logged in with Student Hub access to post a comment. Sign up now!

  • I agree with you. What if the adults were poor, the children were rich and spent the money on useless stuff. e.g a toy. And you ( As the adult ) are telling the kid to pay for food water and house rent but the don’t listen. Can you believe living in a world like that. Thank goodness some people don’t do it because they might know the consequences.

  • And yes pocket money is good ant the kids could get a treat. Maybe £1 is enough or £2 if they’ve been extra good

  • My comments have too many mistakes sometimes. Please ignore

  • Thank you so much for telling me what you think about this and i totally agree with you!

  • Yes, because pocket money is something you earn for being good and doing your chores. I think that they should earn at least £1 everyday, if they did MORE than they are suppose to, then they should get £2 pound. In my opinion I would have gave my child £1 everyday because they done their chores and if they have done at least 3 more than they have done.

  • Having pocket money is good unless you do a chore to earn it . I think that just getting pocket money is not necessary because 10 years ago there was a finantial crisis to do with the bank of England so just been given money is not good unless it has been earned.

  • I understand what you're saying.