thane an attempt to help schoolchildren learn the management of their pocket money at a young age many lake schools started teaching them the of financial management as these school going kids have to juggle between school tuitions hobby classes and home often by themselves their working are forced to give them sufficient money to their expenses however city school academicians claim that around 90 of these kids are not about how to manage their and end up splurging it on junk food stickers and in extreme cases on cigarettes and drugs in way nt end saving any money giving children pocket money is these days however not many teach their children how to manage it however for even 100 is a lot they often do nt know to do with so much money tend spend it buying junk food fancy etc children to be to become and that earning the money is a huge responsibility they need to know how save it too said ranjini krishnaswami principal of billabong international school these academicians claim that children end up and run out money it leads theft within classrooms bigger crimes we seen students selling stickers to each other showing off adult video cds that buy and even robberies in classrooms we have kept cap of 50 for students and if any student is found with more money it is reported said janhavi rai principal of st xavier school lipika chandra of lokpuram public school said children at this age do nt like being told what to do so try to get them think about ways they could money speak topics saving money that overspending effects of drugs smoking and so in their debates elocution competitions discussions etc some even roped the police to conduct seminars our school area where drugs and are easily available to these who have spending capacity and peer pressure have a high risk of giving in we organize events with rabodi police wherein to our students about the illegalities of these vices and how drugs their health they were also made aware of police helpline numbers said rupa dey principal of shreerang vidyalaya