children manage money
Parents all want their children to become financially responsible person when they grow up. In fulfilling the goal, some people argue that children should learn to manage their own money at young age. As far as I am concerned, I agree with the statement.
In my opinion, learning to manage money at young age can help children accumulate the experience of making independent decisions. Parents can give their children some money every week, and ask them to make a plan about how they decide to use the money. This would let children think about how to spend limited money effectively. In the long run, they will become financially responsible adults. For instance, my cousin Lily, her mother asked her to manage her own money when she was young. Last winter, she decided to use a part of her pocket money to buy some cards and sold the cards to her friends to gain some extra money. In this way, she learns to manage her money well and increase her fortune.
Moreover, in the process of learning to manage money, children will know how precious the money is. When they try to manage their own money, they will find it's hard to satisfy all the needs they want. If they choose to buy the beautiful bag, they will not have money to buy their favorite books. Then they will know that it's not easy for their parents to make money and they should spend money carefully. Therefore, they won’t exploit their money on things of no use when they grow up. Taking myself as an example, when I was young I used to waste money on snacks and toys which is of no use. Then one day, my mother gave me 10 dollars and told me that this was all the money available in this week. I reluctantly managed my money and felt that it was really hard to get enough money. Therefore I never waste money any longer as I grow up.
Nevertheless, some people may hold the view that children are too young to manage money. They don't know how to spend money properly. However, I think children should learn to manage their own money with the help of their parents. Parents can give their kids some suggestions about how to spend their money. When children have trouble dealing with the money, their parents can provide them with more information to help them make their own decision.
To sum up, there are many advantages for children to learn to manage their own money at young age. It will make them become more independent and learn to make good use of the money This practice will contribute to the goal, which aims to make children to become financially responsible adults.