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Writing Samples
Band 6.5

Some people say that giving a smaller amount of money weekly to children will help them become more capable of managing their money as they grow older. Do you agree or disagree?

#people #amount #money #children
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Some parents believe that the best way to teach children to manage
thier
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their
money
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 is to give them just a small
amount
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 of
money
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 each week, while some people may argue that there might have other factors to help kids become more capable of saving
money
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 when they grow up.
However
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, I agree with the former viewpoint. In
this
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 essay, I will give reasons to support my opinion.
Firstly
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,
by
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apply
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saving
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amount
Add an article
the amount
an amount
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 of
money
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 weekly will definitely improve children ability to allocate their
money
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.
In addition
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, they will automatically learn how to spend
money
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.
For example
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, once a kid
want
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wants
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 to buy a new toy, but it is
expensive
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an expensive
the expensive
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 one. In order to get it, a kid has to collect notes day by day until it reaches the goal.
Consequently
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,
financial
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the financial
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 knowledge that they have learned will enhance them more capable of managing
thier
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their
the
 budget.
Furthermore
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, financial literacy should be taught
from
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by
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 families. Nowadays, many adults face
with
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apply
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financial problems, and they said that they do not know how to invest and collect it.
Although
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 there are several
insititutes
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institutes
 promoting financial knowledge, it was too late for adults.
Therefore
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, building awareness since they were young is
the
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a
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 great way to solve the problem.
For instance
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, saving
money
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 in the same
amount
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 weekly is a concept of dollars cost average, which is one of
investment
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the investment
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 styles.
Thus
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, one could adapt
this
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 knowledge into investment as well. In conclusion, giving a small
amount
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 of allowance
by
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apply
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weekly or monthly will help children to manage their budget well. I firmly agree that the power of
small
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a small
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amount
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 of pennies would lead them to be
a
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apply
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well-educated financial people when they are getting older.
Submitted by kanokwann.joy on

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Topic Vocabulary:
  • financial responsibility
  • independence
  • financial literacy
  • work ethic
  • effort and reward
  • impulsive purchases
  • budgeting skills
  • critical thinking
  • sense of entitlement
  • modest amounts
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