▶ Your Answer :There has been an argument regarding the issue of whether children should learn to manage their own money at a young age becoming financially responsible adults or not. Some people maintain that children do not have to manage their own money in the early age. However, from my perspectives, I would say that young people should learn how to deal with their own money from early years. To begin with, when young people manage their own money at a young age, it allows them to cultivate important qualities needed for becoming financailly responsible. Managing money gives them a chance to be dilligent, passionate, and self-disciplined. When such personal traits are developed, they are likely to be good at managing money. For example, when my younger sister was in elementary school, she used to spend too much money on unnecessary things. However, she has changed little by little after she learned how to manage her money effectively from her mother on regular time. She realized that her proper consuming habit would help her accrue a lot of money, while bad consuming habit would negatively affect her future. This implies that learning managing money from early age is very important, academically as well as practically. Without forming habit of managing money early, she would not be able to make a lot of money. In addition, As society is becoming complex, the way of managing money is becoming more and more difficult compared to period of adult age. Nowadays, the interest is too low to make a lot of money, which means that people who do not care about their money would be able to fall in poverty. For instance, when my parents was in a full-time employees, bank gives interest on average about fifty to twenty on their propery. However, these days average banking interest is less than three percents. This means that the real money value should be able to being overwhemed by inflation. Such an example clearly shows that children should learn managing their money In a nutshell, my contention is that young people should learn to how to manage their own money. This is because they can form a habit of managing money and get over the inflation. All in all, the importance of learning the way of managing money cannot be overestimated. |