Families have different financial levels and some people think that this variety of the family budgets have an impact on children skills. I believe that amount of money in family budget does not affect children’s preparation to deal with some problems in their future.
On the one hand, I agree that some children from less wealthy backgrounds might be in a better position to deal with adult life. Children whose parents have less money learn to fight, struggle and solve problems on a daily life. They are forced to rely on themselves because they have less financial help from parents and can not get what they want as soon as they want it. For example, poorer children may have to wait until a birthday to receive a toy or game that they have asked for, and this encourages them to learn patience. These children will also learn the importance of managing money and the values of hard work which will be vital skill in later life.
On the other hand, children who are brought up in wealthy families have chance to improve themselves with good education circumstances and large networks thanks to their families. Firstly, they usually go to private school and they have lots of opportunities at school such as well-equipped laboratories, uncrowded classes. Furthermore, their family networks can be very large and they have a chance to contact with high level managers in companies to find a job or trainee. For instance, when they graduated from university, they do not have to think about employment issue because their parents can easily find a well-situated job either using their wide range of networks or give a important role in their companies. What I mean is, they can be learnt management techniques of employees and organizations from their well-planned education programmes or trainees.
Children raised in wealthy families have access to the best available education which give them access to better jobs in the future.
- Their families have many social connections at hand's reach which can be useful in certain circumstances (overcome legal or health issues).
- They learn how to administer large companies and businesses giving them more chance to cope with financial problems in adult life.
In conclusion, financial situation of families have an impact on children’s future with respect to level of budgets. If they are in poverty level, their children could be more experienced and resistant otherwise, their children could improve themselves with using their families’ large amounts of money.
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