Giving the children opportunities to know how hard to earn money by letting them operate their money is also a good thing for their progress finalcially. This point can be best illustrated by myself. I did physical work before. Therefore, I know making money is a difficult thing. One day I will engage in working on my job. By that time I will cherish my income. I will not only spend them on right thing but also save as much as money I can.
In conclusion, the way for teaching the children to manage money is very indispensable pedagogy. The three points above definitely prove that opinion. And I believe that people used to learn to manage their own money at young age will have been benifiting whole a life.