Should Students Get A Weekly Allowance?

“Many parents give children a weekly or monthly allowance regardless of their behavior because they believe an allowance teaches children to be financially responsible. Other parents only give their children an allowance as a reward for completing chores or when they have behaved properly. Explain what you think parents should do and why. “

                 There is no step by step rule book to parenting. Reflecting on my parents and family members or family friends who are parents I believe that good parents discipline and teach their children to be prepared for the real world by encouraging a positive mentality, physical, spiritual and financial strength to succeed. Some parents feel that rewarding their children by gift giving or financial allowances further encourages them to understand how the real world works with the concept that through doing work you earn a reward. However, in teaching their kids about financial responsibility the can hinder them from reality, because in life good deeds are not always acknowledged and this may prove to be a rude awakening for kids so accustom to receiving them.

Paying your child for good behavior and doing chores around the house is a rather ridiculous parenting system in my opinion. A parent should not have to pay their child to cooperate and be manner able, as things that should come natural through parental discipline not financial rewarding.  My mother always says, “I should not have to pay you to do help out around the house or to descent grades as these things should come natural, you should want to help out around the house, being that you live here, eat here and live with all of the other perks that I pay for”. She also has always taught me to aspire to get a valuable education so that you can get a job you love that pays well. Doing chores is a disciplinary action that has allowed me to see that you have to work for what you want and some work does not always require a financial award. Parents should instill in their children the value of hard work without pay, so that they can truly understand the essence behind real work, not just because it makes a large sum of money. Parents should never have to bribe their children.

Sometimes rewarding children is not always the best way to ensure they cooperate or understand how the real world works. For example, what good would disciplining a child to behave by giving financial gifts do in the event that they get older and are no longer awarded for having manners and being cooperative? What good would rewarding children financially because of simple house hold chores do in the unfortunate event that when they get a job and do a superb job and receive fair pay or any pay at all do? Things like this cripple children and do not fully teach them financial responsibility. Giving children money at young age and showing them that with work, there’s pay does not necessarily teach then financial responsibility.

A child could grow and still make poor financial decisions, not knowing how to manage it properly. To ensure that children understand financial responsibility, parents should instill in their children should effectively discipline their children to behave without pay and should encourage their children to work hard in every aspect of life to receive financial rewards. Giving them a slight glimpse of financial pay is not terrible, but making it a trend could cripple children, rather parents should encourage their child to get a job when old and mature enough to experience real world financial responsibility.