Full IELTS Writing Task 2
You should spend about 40 minutes on this task.
Some people say that children given pocket money every week will have lesser money problems when they become adults.
Do you agree or disagree?
Write at least 250 words.
Paraphrase topic. State strong agreement that giving pocket money helps children develop financial skills for adulthood.
Topic sentence: Pocket money teaches the value of money. Explanation: Children learn they can't buy everything, leading to careful spending and financial responsibility.
Topic sentence: Pocket money introduces the idea of saving. Explanation: Encouraging saving helps children understand delayed gratification and develop a saving habit.
Topic sentence: Pocket money teaches budgeting. Explanation: Managing weekly allowance helps children learn to plan spending.
Summarize key points (value of money, saving, budgeting). Reiterate strong belief that pocket money reduces future financial problems.
I strongly agree with the idea that giving kids a weekly allowance can help them learn important financial skills they'll need when they grow up.
The first reason for this is that getting regular pocket money can teach kids that money has value. When kids get a certain amount of money each week, they quickly realize that they can't buy everything they want. This forces them to think carefully about what they spend their money on, helping them learn to be responsible with their finances.
Secondly, pocket money can be a great way to introduce kids to the idea of saving. If kids are encouraged to put some of their allowance away each week, they start to understand why it can be good to wait and save up for something they really want. This not only gets them ready for the financial responsibilities they'll have when they're older, but also helps them get into the habit of saving, which is key for being financially secure as an adult.
Finally, giving kids pocket money can help them learn how to budget. By having to manage their allowance each week, kids learn how to plan out their spending, giving them an early introduction to budgeting. This is a really important skill, as a lot of adults find budgeting difficult.
In conclusion, I firmly believe that giving kids a weekly allowance can greatly decrease the chance of them having financial problems when they're older. This practice teaches them valuable lessons about the worth of money, why saving is important, and how to budget, setting them up for a financially stable future.
There exists a belief that weekly pocket money for children equips them with the financial acumen required for adulthood. I wholeheartedly concur with this perspective, as it instills essential financial management skills from an early age.
The first argument supporting this view is that regular pocket money teaches children the value of money. When children are given a fixed amount of money each week, they quickly learn that their resources are finite. Consequently, they must make judicious decisions about their spending, which in turn fosters a sense of financial responsibility.
Secondly, pocket money can serve as an excellent tool for introducing children to the concept of saving. When children are encouraged to save a portion of their weekly allowance, they begin to understand the importance of delayed gratification. This practice not only prepares them for future financial obligations but also cultivates a habit of saving, which is crucial for financial stability in adulthood.
Lastly, providing children with pocket money can help them develop budgeting skills. By managing their weekly allowance, children learn to plan their expenditures, thereby gaining an early understanding of budgeting. This experience is invaluable, as budgeting is a fundamental aspect of financial management that many adults struggle with.
In conclusion, I firmly agree that providing children with weekly pocket money can significantly reduce their likelihood of encountering financial difficulties in adulthood. This practice imparts valuable lessons about the value of money, the importance of saving, and the necessity of budgeting, thereby laying a solid foundation for their financial future.