You should spend about 40 minutes on this task.
Write about the following topic:
Learning to manage money is one of the key aspects of adult life. How in your view can individuals best learn to manage their money?
Give reasons for your answer and include any relevant examples from your own knowledge or experience.
Write at least 250 words.
Learning to manage money is something that virtually everyone must do as the ability to maintain a balance between income and expenditure is essential for a stable life. In many developed countries, the availability of easy credit and a wide variety of financial products have made the task of managing one's money more complex. In less affluent parts of the world, lack of money or access to credit creates its own challenges. In this essay, I will outline two ways in which people can learn to manage their money.
Learning by example is one important method. From their early years, children can observe how their parents make financial decisions. They may notice, for example, whether money is saved for costly purchases, or whether purchases are bought on credit. Children can also see what kinds of criteria parents use when choosing what to buy, for instance, whether quality or quantity is more important. It is important, therefore, that parents model sensible purchasing behaviour and explain what they are doing and why. However, in many circumstances, this may not be sufficient.
Another important means of teaching people to manage money is through education. When school children, for instance, learn arithmetic, they could also be taught the basics of budgeting and how to recognise good value. For adults, the Internet could be a good source of advice on how to save money. Price comparison websites, for example, can be a good way of researching what is available before making an expensive purchase.
The ability to manage money is often taken for granted. Because the consequences of poor money management can be severe, it is worthwhile taking steps to ensure people are as well-informed as possible.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2020-11-04 | nthieu999.999 | 91 | view |
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Grammar and spelling errors:
Line 1, column 428, Rule ID: ENGLISH_WORD_REPEAT_BEGINNING_RULE
Message: Three successive sentences begin with the same word. Reword the sentence or use a thesaurus to find a synonym.
...s to credit creates its own challenges. In this essay, I will outline two ways in ...
^^
Transition Words or Phrases used:
also, however, if, may, so, therefore, well, while, for example, for instance
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 18.0 13.1623246493 137% => OK
Auxiliary verbs: 11.0 7.85571142285 140% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 5.0 7.30460921844 68% => More relative clauses wanted.
Pronoun: 14.0 24.0651302605 58% => OK
Preposition: 33.0 41.998997996 79% => OK
Nominalization: 5.0 8.3376753507 60% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1448.0 1615.20841683 90% => OK
No of words: 282.0 315.596192385 89% => More content wanted.
Chars per words: 5.13475177305 5.12529762239 100% => OK
Fourth root words length: 4.09790868904 4.20363070211 97% => OK
Word Length SD: 2.73770807809 2.80592935109 98% => OK
Unique words: 168.0 176.041082164 95% => OK
Unique words percentage: 0.595744680851 0.561755894193 106% => OK
syllable_count: 458.1 506.74238477 90% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 7.0 5.43587174349 129% => OK
Article: 3.0 2.52805611222 119% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 5.0 4.76152304609 105% => OK
Performance on sentences:
How many sentences: 16.0 16.0721442886 100% => OK
Sentence length: 17.0 20.2975951904 84% => The Avg. Sentence Length is relatively short.
Sentence length SD: 37.0166769848 49.4020404114 75% => OK
Chars per sentence: 90.5 106.682146367 85% => OK
Words per sentence: 17.625 20.7667163134 85% => OK
Discourse Markers: 4.8125 7.06120827912 68% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 12.0 8.67935871743 138% => OK
Sentences with negative sentiment : 1.0 3.9879759519 25% => More negative sentences wanted.
Sentences with neutral sentiment: 3.0 3.4128256513 88% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.260563330237 0.244688304435 106% => OK
Sentence topic coherence: 0.0922547783674 0.084324248473 109% => OK
Sentence topic coherence SD: 0.0571667381982 0.0667982634062 86% => OK
Paragraph topic coherence: 0.167395894289 0.151304729494 111% => OK
Paragraph topic coherence SD: 0.0543245461506 0.056905535591 95% => OK
Essay readability:
automated_readability_index: 11.5 13.0946893788 88% => Automated_readability_index is low.
flesch_reading_ease: 54.22 50.2224549098 108% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 9.9 11.3001002004 88% => OK
coleman_liau_index: 12.18 12.4159519038 98% => OK
dale_chall_readability_score: 8.9 8.58950901804 104% => OK
difficult_words: 79.0 78.4519038076 101% => OK
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 8.8 10.1190380762 87% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?
---------------------
Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.