If a child is being compared to one of their friends through their allowance money, they will feel better about it because they will have earned it. Pride is a big thing in a child’s upbringing. When a child is brought up well they grow up differently than a child that has been brought up poorly. It feels great to know that you have earned something instead of just having it given to you. This sense of pride would help the child gain a greater level of success later in life.
This leads me on to my next topic.
Another thing earning an allowance will do for your child, is teach them responsibility. Responsibility is something every child needs to learn because it is essential in life. Every child must know how to deal with responsibilities or they will not succeed In life. Having a good sense of responsibility will later help your child, especially when they are working on getting a job.
It will teach your child that you need money to spend money. They will also learn that to get that money, they need to earn it.
Earning money is hard and not omitting that you get used to quickly. One of the best things that your child can learn from earning their allowance is a sense of reality. Not only will they will learn about spending limits, but they will also begin to understand the concept of how to spend their well earned money wisely. They will not want to spend the money they worked hard for on just anything. Furthermore, it also teaches your child about how living as an adult will be. To live and succeed in the world they will have to earn money, it will not be given to them.
Having your child work on these raids while they are young will help them to improve by the time these skills are needed to succeed. On the other hand, you could argue that the pressures of school, friends, and family will make earning the money too time consuming. However, this isn’t always the case. If the child has enough time to spend that money they should have enough time to earn it. It is ridiculous that a child would be able to go to a TTY. Or hour movie with their friends but not be able to earn the money for it through things such as simple household chores.
Often times a child is just lazy and would rather watch reruns of television shows then help around the house and earn a fun weekend. In conclusion, want to say that children should have to earn their allowance. They should have to earn it because it will teach them self pride, responsibility which is an important aspect in life, and a sense of reality about how real life is. Without these major trait abilities, they will not do very well in life. Succession is all about the upbringing of your child. Make sure you help them the right way.
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