points for debate
2007-02-12 02:16:07 · 6 answers · asked by Rama Devi M 1 in Social Science ➔ Economics
It isn't teaching children how to save their money.
They may spend it irresponsibly.
The parents are rewarding the child for no reason at all, and therefore they can easily become spoiled.
2007-02-12 02:24:02 · answer #1 · answered by Mr. Maul 4 · 1⤊ 0⤋
The purpose of money in general is to facilitate exchange. When we leave pennies fo rothers at the cash register, throw them in the garbatge, they become a burden to our transactions. Many economist agree that we should do away with the penny, and round to the nearest $0.05. There are also more spin-offs to this idea, such as making the penny worth $0.05 and still roundign off. That way, we don't have to throw them away and they are now of use.
2007-02-12 10:24:49 · answer #2 · answered by captainchopps 1 · 0⤊ 1⤋
Spend it irresponsibly? That is the very thing that got us through the recession in 2001, consumption function, America's desire to disave and our propentual to spend.
Nothing wrong with pocket money. Pocket money is a good thing. It tells me you are paying a flat $.79 for your candy bar and putting it on plastic. Oh yes, yuk it up. People are making bellow dollar purchases on plastic.
America depends on you, spend baby, spend.
2007-02-12 02:47:38 · answer #3 · answered by Joe P 2 · 0⤊ 1⤋
Disadvantages of pocket money:
Pocket money doesnt earn interest!
Most people can not account for where they spend all of it.
Its dirty.
2007-02-12 07:29:10 · answer #4 · answered by RSO 2 · 0⤊ 1⤋
i dont knowwwwwwwwwwww heeeeeeeeeee haaaaaaaaa puuuussssssssssssssss
2015-12-01 00:02:07 · answer #5 · answered by ? 1 · 0⤊ 0⤋
lose it, gets stolen, wash it
2007-02-12 02:23:29 · answer #6 · answered by graphix 5 · 0⤊ 1⤋