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They should be directed to spend it.
Money is one of the most valuable thing in today's trend.Without which a man can't survive in this progressive world.Today's youth were struggling to gain money and even to spend it in an useful way.So if kids were given pocket money and being the senior if we lead them that will be more helpful for their future.
A valuable life lesson.
Pocket money teachers children the importance of evaluating their options. They can choose whether they wish to save or spend at any given time, and do so by understanding the pros and cons of each decision in the long run. Lack of pocket money however, will likely result on dependency on financial aid from parents and others. Since children will rely on others to provide them with money, they will become accustomed to this mentality, and will start to believe that they really do not need to finance their own needs, and others will do it for them.Of course, this is all assuming that the children work for their pocket money. Giving them pocket money without reason will force them to develop the mindset that they can be rewarded for doing nothing.
The Dark Side Of Giving Pocket Money
Children shouldn't be given money at such young ages(ages till 14). Instead, they should learn the value of money and should also learn to work hard to earn it. Otherwise at young ages, due to the demanding nature of children, they might even misuse the given money for useless purposes.
