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There are many things we remember from our childhood—the games we played, the music we listened to.....
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There are many things we remember from our childhood—the games we played, the music we listened to...but what about earning pocket money? This was our first ever wage for completing tasks such as tidying our bedroom or sorting the laundry. Our reward was a handful of coins that we safely stored. 1.
There was a time when cash was the main currency for financial transactions (交易). These days, though, using credit cards, or making cashless payments, are the most convenient ways of paying. 2. Research has found that 84% of British parents currently give notes and coins to their children—usually 7 pounds a week as an allowance.
But banks predict that by 2028 only one in ten transactions will be with cash, and that is something today’s children will have to deal with. One issue is that children may not understand the value of cash because they never see it. 3. They either should find a new way to hand out pocket money, or needn’t bother to pay it at all.
Still, solutions are available. Giving children lessons at school about finance is important. 4. The trick is to go and get some coins so that children have the opportunity to interact with them. Besides, bank accounts for older children can be opened to give them cash cards to use. Whatever method a parent chooses to adopt, their children will get some idea of the value of pocket money. 5.
A. Parents face a dilemma too.
B. This, in turn, makes the buying much easier.
C. They have completely taken the place of cash.
D. So how do parents hand out pocket money at present?
E. But parents need to teach their kids that money doesn’t grow on trees!
F. But now, it seems that parents’ attitude to handing out cash is changing.
G. And parents are advised to get children started with money as young as possible.
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