Suresh Asks His Wife: “Did You Give pocket money to Your Son?”
Suresh, a father of two, understands the importance of teaching his children financial responsibility from a young age. One day as he was getting ready to leave for work, he asked his wife, “Did you give pocket money to our son?” His wife replied, “Yes, I gave him his weekly allowance this morning.” Suresh smiled, knowing that this simple act would go a long way in teaching his son the value of money.
Changing the Narration of pocket money
In the past, pocket money was given to children as a means of providing them with a small amount of money for their own personal use. This money was often given by parents as a reward for completing chores or as a way to teach children how to budget and save. However, with the rise of technology, the concept of pocket money has evolved into something much more than just a few dollars in a child’s pocket.
Suresh and his wife use an allowance app to give their children their weekly pocket money. This allows the children to track their spending, set savings goals, and learn about financial responsibility in a more modern and convenient way. Suresh believes that by embracing technology, he is setting his children up for success in the future.
The Rise of Online Free Money Earning Apps
In today’s digital era, children are spending more and more time online. They are constantly bombarded with advertisements for the latest games, gadgets, and toys. This can make it challenging for parents to teach their children the value of money and the importance of saving. However, there is a new trend emerging that is changing the way children view money – online free money earning apps.
These apps allow children to earn money by completing tasks such as surveys, watching videos, or playing games. The money earned can then be used to buy gift cards or transferred to a bank account. While some may argue that these apps are encouraging children to spend more time on their devices, others see it as an opportunity to teach them financial responsibility in a fun and interactive way.
Online Money Earning Sites: An Investment in Financial Education
Aside from free money earning apps, there are also various online money earning sites that cater specifically to children. These sites offer opportunities for children to earn money by completing tasks that they are interested in, such as writing, designing, or even creating videos. The money earned can then be used by the child to buy items they want or invest in savings with the guidance of their parents.
These sites not only provide children with a way to earn money, but they also teach them valuable skills such as time management, communication, and financial planning. Suresh was hesitant to let his children spend time on the internet, but after doing some research, he found several online money earning sites that had strict safety measures and age restrictions in place.
The Benefits of Giving pocket money Online
Giving pocket money online not only teaches children about financial responsibility, but it also has other benefits. Firstly, it removes the need for parents to have cash on hand at all times. With a busy schedule, Suresh and his wife found it challenging to have the correct amount of cash for their children’s allowances each week. The allowance app they use eliminates this problem, making it more convenient for both the parents and children.
Secondly, giving pocket money online helps track how much money is being spent and where. This gives parents a better understanding of their children’s spending habits and allows them to have important conversations about needs versus wants and the importance of budgeting.
Lastly, giving pocket money online provides an opportunity for parents to reward children for their hard work and good behavior. Suresh and his wife usually give their children bonus payments for good grades, completing extra chores, or helping out around the house without being asked. This motivates the children to work hard and teaches them that hard work is rewarded.
