Southern Gazette (South Perth) - - Opinion -

IT is Money Smart Week next week, ap­par­ently. We are not sure who de­clared it Money Smart Week or whether it is just an­other com­mer­cial op­por­tu­nity mas­querad­ing as a com­mu­nity ser­vice. Any­way, a sur­vey done as part of the pro­mo­tion does bring up a valu­able point - it is ex­tremely im­por­tant to teach our chil­dren the value of money. Ac­cord­ing to the re­search, only about half of chil­dren aged seven to 14 re­ceive pocket money for help­ing around the home. An­other quar­ter is paid for good behaviour. Some might think this is a bit mer­ce­nary but it is an early les­son on money man­age­ment. All chil­dren should get the op­por­tu­nity to earn money and to choose where they spend it. Like it or not, the cap­i­tal­ist sys­tem is driven by com­mer­cial al­lure and ev­ery­thing is geared to make us cough up our hard earned. If chil­dren find out early how hard cash is to come by, then it is to be hoped they will use it wisely.

Rick Lee - CNG Ed­i­tor

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