Do you agree or disagree with the following statement? In order to become financially responsible adults, children should learn to manage their own money at a young age. Use specific reasons and examples to support your answer.
In this day and age financial responsibility is a vital characteristic for humanity and children are a vulnerable segment of it. In my point of view, people should learn to handle their money issues starting from childhood in order to become financially responsible in the future. Therefore, I agree with the following statement because children will be prepared for their prospective life by making savings. As well, they will learn to manage a certain load of capital and, also, they can achieve important characteristic traits . First of all, children learn to make savings. In our modern life, it is very urgent to save some wealth for the forthcoming for various purposes. For this reason, the roots of this skill must be laid from childhood. For instance, when I was a child, I decided to buy a gift for my mother, and in structure to fulfill my goal, I should save capital. I saved the required measure from the cash which was intended for my school lunch. As a matter of fact, I implemented my aim by saving money. Thus, people need to become financially responsible for childhood in order to learn to save their money. Moreover, children understand how to deal with their finances. Although the probability is high that they will make mistakes, these errors will be tiny, as they possess a little extent of the payment. Most of the time, they would make the wrong decisions, but they will gain learn valuable lessons. As a consequence, they are less likely to repeat their mistakes again in their future lives. Hence, children should be allowed to decide about their own money in order to learn how to manage it. Last but not least, children attain valuable adjectives through managing their money. In fact, they become compassionate and friendly. In this case, a child will be able to help those who need it. He can buy some candies and treat his friends. As a result, a child develops worthwhile behavior, as he is financially responsible. To sum up we can come to the conclusion that financial responsibility should be thought since childhood in the form to root such skills, like saving capital, managing some amount of salary, and being friendly.
Submitted by Tereza Minasyan on