Money is the root cause of all evils. But everyone needs money. Why not children?

Money used wisely elevates a person. Money used for bad habits depresses a person. It all depends how we use money and how we tell our children to use money. Generally, pocket money is essential for tots to enable them to build self-confidence. Many children go to school without pocket money. But some children spend money. This makes children with empty pockets to envy their friends.

Children should know how money works. But the difficult is how much of it should be given to children. It may be easily answered that children should be given pocket money only when they understand basics of using it wisely. By giving pocket money judiciously, keep a record of spending and improve mathematics.

Lower age groups do not need any money. Only higher age group say between 9 and 15. Parents must ensure that the children aptly use their hard earned money. Also giving children regular monetary allowance encourages them to save money for future also. Saving is a talent.

Parents should be careful to see that their children do not steal money. Also see that children are not used to bad habits. Usually bad environment, parental neglect, injustice and in difference drive children to steal money. Suppose a friend of your child goes to an exhibition or cinema. Naturally your child likes to join him. If money is the criteria or problem then the child may steal money. Better know the feelings of your child. If you see your children stealing money and if you ask them they tell lies. So telling lies is a second crime. To avoid all such botherations the parents should encourage their wards by giving pocket money and be vigilant. Children are not born thieves. They become victims only when they do not get what they need. It is parents who have to understand what their children need and fulfill them. When everything is made available why do children steal?