In order to become financially responsible adults, children should learn to manage their own money at a young age.

Money plays a vital role in society as a means of making all sorts of transactions and knowing its value is critically important to people.

Specifically, young people learning about financial management enables themare able to grow not only as financially independent individuals but can also plan for a better future.

Wrong tense when using "enable". The phrase "not only" must be followed with a similar phrasing as the beginning. "Not only can he cook but he can also clean".

First of all, children cultivating a habit of controlling their own money gives them anwill have opportunityies to make their own budgets and allocatinge funds based on their priorities.

This means that if children can maintainnage their money at a young age they will know where the money has to be spent or notdistributed.

A more suitable word.

For example, when I was in high school, I remember that my mother gave me an allowance of $40 monthly for myto spending.

This includesd for stationary, project materials, or outside diningeating out.

"outside dining" doesn't sound right.

If I spend the money on trivial things like movies or buying a CDs, then I'd have to wait untill month end to meetin order to purchase my other necessities.

A tense issue again.

This habit really helped me, when I was in college because of spending money with a limited amount of cash Ihaving a limited amount of money to spend forced me to adjusted myself and only bought the most important thing spending habits and focus on buying only the most essential items.

As a result of this behavior, I couldI was able to meet my expenses in the college with a clear allocation of funds to various purposesand how to distribute them.

Second of all, when children learning about money matters at a young age it not only makes them financially independent but also helps them to save money for future needs.

I see you are trying a certain sentence structure but it is leading you to use the wrong tense.

In particular, we are uncertain about the emergency needs so if children how to save money thereafter they can use the funds during ancannot predict when we will need money for emergency needs so this habit can help children prepare for unexpected crisies.

For example, my brother used to squander money and have had none nested eggs for meeting his needs.

Recently, he met with an accident and ended up ion thea hospital bed looking for some help.

At that time, I was able to supported him because of my savings, which I kept back when I was working.

This phrasing helps you to better convey your point.

Had I not learned about financial matters at an earlier age, I would not have had money to support my brother.

Therefore, learning about cash flowmoney matters helps people to save some money to meet their emergency needs.

In essence, I completely agree that to become responsible citizens, children must learn to maintainnage their own money at a young age because it helps them to plan their budgets and save money for meeting unexpected emergencies.