Giving Monthly Allowance to children

I strengthen the argue that parents should give weekly or monthly allowance to their children so that they can fulfill their needs.By receiving allowance they would learn how to spend their money and how to manage their needs within their budget.There are some children who are too shy to ask their parents for money so the parents should acknowledge their needs and give them money.Meanwhile parents should keep an eye on their children whether they are spending this money for good purpose or not.While spending this money they learn how to deal with other people.