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Children's Pocket Money
Should children be given pocket money or not?
Started on  1-Aug-2003  By  sneharamesh   E-mail : sinceresneha@yahoo.co.in
shagun
5-May-2003
I don't think that we need any Sneha. We have our parents always with us to buy the things we need.
farah
7-May-2003
Well yes, our parents do buy us all the things that we want, but getting pocket money is good. We can buy anything that we want from the school canteen, or anywhere else too, and can buy the other things that we want. Its kind of fun!
anupama
9-Jun-2003
Well, Sneha, I agree with Shagun
ramya
9-Jun-2003
I think giving pocket money to us will develop our attitude for saving for something useful rather than spending the money carelessly. In that way we will learn to live with contentment in future years.
swapna
9-Jul-2003
I do agree with Unnati.
ratyj86
11-Aug-2003
I think that although our parents do provide enough for us, pocket money will give us some independence and allow us to decide wisely. These decisions in money spending will help us later in life.But we must be cautious about our spending.
hoangduong29092111
25-Aug-2003
It is not good for children to have pocket money, just because they do not have any demands but studies. Child stage is the most beautiful period in life because they have nothing to worry about, so do not let them make the adults worry by letting them have their own pocket money.
srishtimantri
27-Oct-2003
I agree with Ramya
dian alfiani
5-Nov-2003
I think it's good for kids to have pocket money because they can learn to manage and understand the value of money
karan
8-Nov-2003
I get hk$200 and can spend it just fine. If the kid is a fool, then no but yes otherwise.
mariya
8-Nov-2003
I think we children need pocket money but we should not waste it for stupid things. We can even give our parents our pocket money and ask them to give us when we want it for some spesific use.
ajey
24-Nov-2003
Can you send me more details through mail
hool and blo
18-Dec-2003
I think that kids should have pocket money because it gives you a sense of responsibility.
sarah xXx
18-Dec-2003
We need pocket money because otherwise people might end up robbing stuff.
helllo hool and blo
18-Dec-2003
wow we agree with mariya and karan this web sight is cool where do you find the time to go on it though
margret thatcher
18-Dec-2003
I believe fully that children from the age of 10 should get pocket money if they work for it. It makes the child feel more responsible and gives them a taste of what life will be like when they eventually leave school and get a job of their own and earn their own money!
shreya
30-Jun-2004
Children should be given pocket money and also, they have to be taught as to how they can spend their money. Money shouldn't be given to children if they are careless.
Sidhant Madan
22-Jul-2004
In my opinion children should get pocket money. There are more plus point and less are the minius point in giving pocket money. But it should be in certain limits. If we get less amount of pocket money we can develop the habit of saving money and some we can enjoy with our friend on a dinner or on a cold drink. We can buy a gift for our friend on his birthday from the saving of our pocket money.
kein
25-Aug-2004
I think students should be given pocket money because they need it. It is like a necessity in this modern and developing world. By this they will understand the importance of money and try to save it.
Amy
10-Oct-2004
At the moment I am doing research on pocket money and I really enjoy getting pocket money, but it seems that some of you dont like it.
miscney
17-Oct-2004
Pocket money is a great thing... but so is long term and short term investments. That can put more than just change in your pockets.
my funny bone hurts
27-Oct-2004
I think they should EARN their money otherwise they will become fully selfish.
god knows
27-Oct-2004
I think children should earn their pocket money.
anti mysterio!!!!!!!!!!!!!!!!!!!!
3-Nov-2004
I'm on the side of giving pocket money because it not only teaches 1 but 100s of lesson about life
sreeni
11-Nov-2004
I am against giving pocket money as there are always chances of misuse. You have to maintain an atmosphere in which he/she should be able to tell his requirements.
Geeahkay
23-Nov-2004
I think that pocket money is great, it allows you to spend it completely on what you want and when you want. I get 5 pounds a week and I am saving until I buy presents for my family at christmas. So therefore I am strongly with parents giving their children pocket money. I also must say though, I have seen in recent reports that it is totaly unfair that boys get more money than girls. Why treat them differently?
annaliese
26-Feb-2005
My mum also gives my brother pocket money! But only a little
praneetha
7-Mar-2005
I agree with Shreya. I think the children of above age 10 can be given pocket money
devika
16-Apr-2005
They surely should get pocket money but in limits !!!
M
18-May-2005
I think it gives children the responsibility and independence a child needs, however it can lead to problems with friens if you get more than them or less than them, but I agree with pocket money.
pooja
25-May-2005
I think we should be given pocket money and I think we should save it but not spend it as soon as we get. I wanna have pocket money so that I can buy some gifts for my mom or dad on any occasions but I think we should not get after we become a little big, we can't depend on them right.
Adam Hall
30-May-2005
I am one of the most annoyed teens! My dad earns a high salary but cannot seem to give me any Pocket Money!! I have never had Pocket Money! My brother gets 60 a week, my sister gets 30 a week. (18 and 11), But I dont get anything! It has made me feel so low!!!! I always feel I'm not loved, and whenever I do jobs to earn money, my Dad says I shouldn't ask for money when I finish jobs!! Please Someone Help Me!!!!!!
Guy Mayhew
6-Jun-2005
I strongly agree with geeahkay, I think that pocket money helps to prepare children for the future, by saving up and managing your finance, I also get 5 pound a week and I like the idea of having my own savings
danielle
16-Jun-2005
I think pocket money should be earned because if you do nothing around the house you will get lazy. Also if you don't know how to do things when you have your own house it will always be messy.
Sean Chan
16-Jun-2005
I don't think pocket money is good because it will make you into a spoilt BRAT!!!!!!!
Bernard
18-Jun-2005
I totally agree Guy
shreyansh
8-Jul-2005
I am against giving pocket money.
BHOOMI SHAH
9-Jul-2005
Yes,children should be given pocket money so that they they can think where to spent money. Though PARENTS give them money, they should ask the children where they have spent money so that parents will be aware that their children are not going on wrong way. Pocket money will also enable to keep the children proper account & make their way in limited money.
Radha
14-Jul-2005
According to parents they disagree always but I think that childrens should be given pocket money because it will make children responsible but yes if the money is misused in buying unnecssary things,I disagree with it!
Radha
14-Jul-2005
According to parents they disagree always but I think that children should be given pocket money because it will make children responsible but yes if the money is misused in buying unnecssary things,I disagree with it!
Radha Kamdar
14-Jul-2005
Pocket money is the dream of every child and thus their dream should be true but excessive amount of money can make the children develop status and attitude, so right amount of money should be given and the money given should not be misused in any way.
Dr.suri
18-Jul-2005
Pocket money is a very bad thing because children will spoil their health and children use it in very bad ways than in good ways. They will smoke, drink and do many bad things. So don't waste pocket money, think it as a precious thing if you get it you are very lucky to get it even I didn't get it when I was small. That is why I like to earn money.
Vasant Iyer
16-Aug-2005
I'am against of all the children who have writen that children should get pocket money. We should know the value of money. When we will grow bigger & bigger we will know how dificult it is to earn money & how to control it.
vaishali
16-Aug-2005
Yes,children above 16 should be given pocket money as by that time they become mature enough..
K.harish kumar
13-Sep-2005
dear friends It was a wonderful thing but I suggest that you should write more about against pocket money
laraib
8-Oct-2005
Every pic has two sides dark and bright. Pocket money should be provided but according to children requirement and parents should take their children in their confidence so that children may not misuse the money.
SARAH
26-Oct-2005
I think all children should get money. Look at all the jobs we do around the house we get hardly anything.
SARAH
26-Oct-2005
I think all children should get money. Look at all the jobs we do around the house we get hardly anything.
pranita
5-Nov-2005
Well! I don't think that there is any need of pocket money. If we want to buy anything we can tell our parents or we can take money from them and buy. But if we want to become independent we should get some money.
pranita
5-Nov-2005
Well! I don't think that there is any need of pocket money. If we want to buy anything we can tell our parents or we can take money from them and buy. But if we want to become independent we should get some money.
Alina
9-Nov-2005
Pocket money is absolutely necessary. Yes, money doesn't make people happy, but it helps to feel safe. And the task of the parents is to teach their child how to use it in a wise way.
Bethany rogers
16-Nov-2005
I think children should get pocket money but they should earn it by doing jobs around the house. It is unfair to not give pocket money because children should be able to have some freedom but parents should know what they are buying.
RACHEL
13-Jan-2006
We should learn to save our pocket money. When our parents are not there, we can use this money. If we have all the money we need, we will not nag our parents for things like toys, games etc. Our parents should increase the amount of pocket money as we get older, because our needs also increase.
Guy Mayhew
2-Feb-2006
I would like to add that pocket money gives you a great head start to life, it does not turn you into a spoilt brat, it teaches you how to manage your finances, which is great for the latest statistics about debt, if we learn how to take care and store our money it can give us a citizenship skill. This citizenship skill is also covered in the learning syllabus, so to summarise this pocket money to an extent has its disadvantages, but the advantages definitely outweigh the disadvantages. So overall, according to the statistics, pocket money is great.
Cerebral Palsy
2-Feb-2006
Hi my name is Fern Debruin and I have special needs. I get no pocket money and I find this completely unfair. However my mum tries to save up for my special help at school. Thankyou Geeahkay for that report I agree that Special needs people shouldnt be treated Differently.
Supriya
8-Feb-2006
Sneha when our parents buy us what ever we want , the question of pocket money dosen't arise.
Audrey
9-Feb-2006
I too think that pocket money is a great idea. But before giving, parents should go through what a big responsibility pocket money is. They should start off with about $1 each week at the age of 10 for doing the dishes every day. Then as they get older, the money should increase if they spend money wisely. Hi! I'm Audrey and I'm 11- going on to 12. Every week I get $20 for grooming dogs, taking out the rubbish, watering the plants and doing the dishes. And guess what? I do all of it on a daily basis! So you see, children should work for their pocket money more than anything. It is not responsible as an adult to just give your kids $20 a week for slumping on the couch watching TV!!!!! Pocket money is supposed to be a child's first taste of spending their own money and having a headstart account to prepare them for the future and get them through the process of saving. But how do adults receive money and save it in the bank? Money doesn't grow on trees!!!!! They work for it! So why should adults work for their money and waste it on their lazy kids? Work for your pocket money!!!!!!
Tiffany
7-Mar-2006
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Minal Jain
11-Mar-2006
I think that we should be given pocket money. It gives us an understanding of how to handle money but it should be in small amounts. It should be according to our needs and not exceed it as that would result in spendthriftness. Therefore we should be given pocketmoney.
Tiana
13-May-2006
I reckon kids should get 10 pounds or 15 pounds a week , but they should do chores (feed/clean their pets , do washing etc.) If they dont do chores they should get half the money. Thats what me and my mother have agreed with (a shame that my sister didnt have that agreed!) Hope you agree. Tiana.
K. Raashi
5-Jul-2006
According to me, giving pocket money to children is not being wise, as it makes the child extravagant.
snigdha
9-Jul-2006
Yes sneha,we do need pocket money. It gives us a sense of independence and we can develop our self control and understand the value of money too.
nikki
28-Jul-2006
Well I would say that people could go both ways for and against.
Jayneel gajjar
9-Aug-2006
I feel that children should not be given pocket money as sometimes they misuse it. Parents give them money when they need it then what is the need for pocket money? At college pocket money is required. Therefore it becomes a necessity.
Mehek
21-Aug-2006
Well......as long as the kid knows how to use the money properly, I think that parents should let their child to have pocket money.Thus, slowly children will learn how to handle their own responsibilities. Don't you agree too?
Chuchee Chinti
24-Aug-2006
Yes they should work for it.
haily
5-Sep-2006
I agree.
Neo
5-Oct-2006
I think that parents should let their child to have pocket money.
Jagriti Lamba
12-Oct-2006
If pocket money is given a child will learn how to spend it or manage money. This will help him in his life.
Manica
12-Oct-2006
I believe is tht pocket money should not be given because by giving pocket money to the children, the children may spoil their habbits and they may take drugs or narcotics. By giving pocket money children never learn how to spend money instead of that they will only learn how to waste money. When parents give pocket money at that time the parents tell them to put it in the piggy bank but they never check if their child has put in it or not. Giving pocket money is a drug to the children.
Poojas
29-Oct-2006
Pocket money in literal meaning is the money which lies in your pocket but to me it is the money given by my parents for my daily expenditure. And learning to value and save from it for my personal needs is pocket money to me.
Niharika
30-Oct-2006
I think that children should get pocket money because they learn responsibility and they will know where to spend how much which will help them in their future.
Shubhangi Priya
31-Oct-2006
Oh. I agree with you. I think pocket money should not be given because pocket money takes us on the wrong ways. We have to save the money for emergency cases.
Abhisek parida
2-Nov-2006
It should not be given as they spend them in eating fast food.
Nikki
8-Nov-2006
I think that pocket money should not be given to one child these days simply because our parents complete our necessity then what is the extra money for.
TANA
14-Nov-2006
I totally agree with all of you because children will learn to save and earn a living. It will also be good for children because they will have a better understanding of life and how to get a good job!
Samarth Bansal
16-Nov-2006
According to me, pocket money is absolutely useless. There is no point giving money to children. Parents are there with us to fulfil our needs. Moreover it makes us extravagant.
Prashant
28-Nov-2006
I think that the term pocket money itself is like the coin having 2 sides good and bad . My opinion is that pocket money should be given upto a particular age & after that they should be selfemployed.
Sargam
16-May-2007
I think children should be given money but in limit. And parents should ask their children how they spent their money.
MumKnowsBest
10-Jun-2007
I think it would be good if kids learn how to handle money for a young age starting with little amount and increasing as they grow older. But kids need to learn to be helpful round the house as well. I have tried this with my kids and they have learned to help out because they know if they don't there is no money. Also, I have a 'payday' once a week to avoid, 'You haven't given me my pocket money yet!'
Akshat
1-Sep-2007
Hi my name is Akshat. I think pocket money should be given but in a limit so that we don't become a spendthrift!!
smriti pandey
11-Sep-2007
I don't think that children should be given pocket money who are under the age of 14. As when the children becomes a teen the thinking level rises and the responsibility of using money rises as well.
Riya
3-Dec-2007
I think pocket money is very good bcause you learn to handle money.
Radhika Singh
21-Jan-2008
I think pocket money is bad because the children might lose a large amount of money that they are carrying {eg-500}. They might waste the money given to them by using it in buying clothes etc.
Sid
26-Jan-2008
This is really a high topic to be discussed on I am in the favour of parents giving pocket money to their kids. This helps to understand its importance. In my view to make it more interesting parents should buy their kids only the daily requirements and let them buy things which they need for their leisure by their pocket money. In this way they will understand its importance and how to manage it. Audrey's idea can also be added to this.
sarthak
13-Mar-2008
Excellent
Alpana Sharma
14-Mar-2008
In my view pocket money should be given upto a particular age. They develop self - employed and independence a child needs.
alpana sharma
19-Mar-2008
I agree
tanya
26-Mar-2008
yes pocket money should be given to a kid as it helps him to understand the value of money. how to use it productively and how to keep an account of your expenditure.
bhavesh kumar
6-Apr-2008
hi this is bhavesh. i always agree with the parents giving pocket money to their children. because a children when he get pocket money he feels responsable. he gets the knowledge of spending money. but the children have to understand that where and for what he is spending money. They have to understand that in which way they are spending their money. Because there are 2 ways to spend our pocket money. first when we get pocket money we have to learn saving money.we can also spend our money in buying study material.or when we have money we can also buy some gift for our parents or our friends. but when our parents gave us a large amount in our pocket money we start spending money in wrong ways. like we start going movie or shopping or something unwanted. so this is my request to all the parents give money to their children but in limits.thanks.
prashant
1-May-2008
Its wrong to get pocket money as our parents buy us all the things we want.
ROHIT HARI
18-Jan-2009
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tanu
24-Jan-2009
Yes pocket money should be given as it is very useful for a person.
shriya
31-Jan-2009
Pocket money should be given to every child BUT only till a certain age.
Raghavendar
4-Feb-2009
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kiki dhan
7-Feb-2009
I think pocket money should be given.
sudha sinha
17-Feb-2009
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Alka Suresh
18-Feb-2009
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harsh
24-Feb-2009
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mary
8-Mar-2009
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vinod
21-Mar-2009
Its very fine to get pocket money in childhood days.
Aditi
2-May-2009
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Anusha
8-Jul-2009
Giving the pocket money is good but there should be a limit.
guri
29-Jul-2009
I think pocket money should be given to the children because it helps them to learn saving money.
rahul trehan
10-Aug-2009
Parents should give pocket money because as the children are growing there needs are also growing. But it should be in a limit not more not less simple amount of pocketmoney.
manjari pradeep
5-Sep-2009
I think that we need pocket money in sense that parents trust us
hadisa
8-Sep-2009
pocket money is one of the best instruments for helping children to learn to handle money sensibly, one of the most important of their life skill
richa mehta
5-Oct-2009
children should not be given the pocket money
ghazal
9-Oct-2009
Pocket money is a great need of children. It must be given to them.
pankhuri
22-Oct-2009
yes,ofcourse children should have pocket money so they can learn how to manage it.
Isha Sharma
1-Nov-2009
I think that children should be given pocket money. It will make them more responsible in dealing with money.
vartika
11-Nov-2009
students should be given pocket money as it will develop a sense of responsibility and motivate them for planning. it will also develop saving habits among them,because money saved is money earned.
ashutosh
3-Dec-2009
I think pocket money should be given as it teaches the children to spend money wisely.
Pentapati Ramya
23-Dec-2009
In my opinion by giving pocket money it can be used in case of any unexpected situations like bus strikes. Students will learn the essential skills of money managemant.
Priya
7-Feb-2010
Yes I agree that pocket money should be given to children but in a certain limit. It should be given in a limit in which they are able to manage their needs . But the parents should also check that their children are using the pocket money for their needs and not for useless things.
annya
27-Feb-2010
Yes! Because we need it.
prajwal
3-Mar-2010
Credit Cards Are way better! Who needs pocket money? Anyone could steal it. With credit cards you can cancel it the moment it gets lost.
Anna Davis
3-Mar-2010
I think older children should receive because then they can buy their own things and wont be asking for things all the time.
Jui
5-Mar-2010
I think pocket money should be given to children so that they can understand its value and also how to spend and save it.
katie
11-Mar-2010
I think pocket money is a bad thing because children could lose the money and that would be a waste.
Kshitij
26-Mar-2010
It has almost become a right of the children of today. With the changes in the world,they have a lot of things to explore and everything requires money. Thus ,pocket money is a necessity for a child's development.
Kshitij
26-Mar-2010
On the topic of pocket money, it has almost become a right of children of today because with the changes in the world,they have a lot of things to explore and everything requires money to get availed. Thus,pocket money is a necessity for a child's development.
lavanya
8-Apr-2010
Pocket money is necessary as the child will learn a habit of gathering money, importance of money , will develope status and attitude, to maintain daily expenditure which will useful in future.
Sanika
16-May-2010
well ,I think that pocket money has both its advantages and disadvantages. It depends on the manner in which the child uses it.
Shalmalee
16-May-2010
Pocket Money for children is perhaps one of the most important essentials of life in today's world. Over the years, the world has changed to a great extent and with it the needs and necessities of children. Their needs have grown and have become more complicated than the needs of those in the past. Pocket money has its own pros and cons depending on the manner in which the children use it. Thus parents play a very important role in guiding their child on how to use their pocket money effectively and wisely.
Virender
31-May-2010
Pocket money should be provided. Because they will know how to spend the money and how to manage the money.
shaza
10-Jun-2010
I disagree with "my funny bone hurts." Although children should have their own pocket money, they shouldn't work for it. Where will they find the time? Also it is child labour, its illegal.
Bindu
20-Jun-2010
I Agree with Shaza Pocket money should be provided because it is a way in which every child will take up responsibility. Maybe the first time they might spend it away but that doesn't mean they will always do that always. Getting pocket money is fun.
santokh singh
24-Jun-2010
I think pocket money necessary for chlidren but within specific limit!
ann
30-Jun-2010
My parents never let me waste my pocket money :(
jhalak jain
11-Jul-2010
According to me, pocket money should not be given as children can misuse it and they can spend it on wrong and on useless things.
nia
30-Jul-2010
I am very thankful to all who wrote these information. I am chosen for a debate at our school and I am telling that "POCKET MONEY IS GOOD FOR STUDENTS".AND NOW I AM SURE MY CLASS WILL WIN. JUST FOR ALL OF YOU.
janvi
8-Aug-2010
According to me pocket money should given as it prepares the child for its future but it is requisite that it should be given in a limit because it can affect their future also.
Pravash Jana
23-Jan-2011
In my point of view pocket money should be given to the children but in a limited amount.It is also neccessary to keep watch on how they are spending the money. This will help children to learn to save for future.
poonam
26-Apr-2011
I think we should not give pocket money in early stage because kids are very innocent and they can not differentiate between right and wrong. Moreover why should we burden too much and distract their attention to money.
Indira Sharma
8-May-2011
Below the age of 10 pocket money should not be given to the children they can not take decision where and what amount should be spent.
Monalisa
9-May-2011
I also think pocket money should be given.
manpreet bawa
14-Jul-2011
I think children should be given money but in limit.
chiya kapoor
31-Jul-2011
Well I agree that pokect money should be given so as to teach children how to handle money and spend at the right time the right amount.
krishna khanikar
1-Aug-2011
I think that children should be given pocket money. We will develop saving habit and also save money and do many useful things like getting gifts for parents on their birthdays ,buy some thing for own self,etc.
Ishita
19-Aug-2011
Pocket money is important for children because it gives them a role to be responsible and sensible!
Sarthak Gautam
11-Sep-2011
Yeah we should get pocket money because then we can buy anything we want and the first thing on the list will be a xbox360 kinnect or buy somthing for your friends birthday party or a chips packet etc.I think giving pocket money to us will devolop our attitude for saving for something useful rather than spending the money carelessly. By getting pocket money,children can learn to manage and understand the value of money.
halima ansari
17-Nov-2011
I don't think that a child should be given pocket money. It's high time now that we should know that we should not be wasting parent's hard earned money.
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