Tuesday, March 24, 2009

Should older children earn their pocket money?

A friend told me of her friend who finished school, got a job and left home to stay on her own. Stacy was suddenly under pressure because she could not understand money especially the spending and saving part of it.

Stacy exclaimed, Toilet tissue is expensive!'

If Stacy had earned pocket money while in school, she would not be surprised at the cost of toilet tissue. Her bewilderment implied that her parents must have catered for all her needs without exposing her to money and how to manage it. Consequently, she finds that she runs out of money before the next pay check. She was not prepared to face life on her own... [Read more]

1 comments:

Daisi Alabi said...

finally made it to ur blog. i think children generally should be exposed to 'money matters' early enough so that they can make intelligent decision abouy money later in their lives.