lkakma.blogg.se - The pocket money

Kids can be disappointed or frustrated when they don't receive pocket money.

If children receive money on a regular basis, like for example if they get weekly allowances, they may get used to it and believe that it is an acquired right.

However there are also some disadvantages:

Pocket money may help children become more independent.

They may perceive these small jobs as an opportunity to be rewarded and not as a burden.

When pocket money is associated to chores or tasks, children are more motivated to carry them out.

They can learn about delayed gratifications which is a valuable skill in life.

Pocket money as reward can teach children the value of work and appreciate more the things they have purchased with the money they have earned.

Since children have a limited budget they learn how to prioritize, chosing the toys and items they want to purchase most.

M anaging a tight budget is a good training for their future lives.

Children realize that they have to save and wait until they can buy the things they want.

Some of the main advantages of giving money to children: Today many parents don't believe that giving pocket money to their children is that beneficial and that each family should have its own appropriate reward system for children. Psychologists and experts are divided on whether pocket money is good for children. However pocket money was not always a common practice.

Thanks to pocket money parents also incentivize their children's chores. For many pocket money has an educational purpose: children can learn the value of work, as well as how to save and manage a small budget.

These allowances are handed over either on a regular basis or as a reward for certain tasks or accomplishments. Many parents give pocket money to their children. We debate whether children should get pocket money, and under which conditions. Allowances are often seen as a good way of teaching kids about money.