Many people believe that parents should teach their children about money matters. What are the best ways to teach a child about money, in your opinion? Give some examples from your own experience.
It is often said that Money matters are so significant that it is necessary to teach children about it. It seems to me that the key role of financial affairs cannot be disregarded in human beings' lives so that devising efficient methods for this case is more important. I will explain some effective approaches in this essay.
Firstly, perhaps the major method is that children accompany parents when they intend to do banking affairs. If these types of activities related to banking were introduced practically, children would learn better than just in the way of reading about it. For instance, at a bank, they can realize how seniors pay in a cheque as well as writing it out. Furthermore, the second technique might be to encourage children to attend professional courses in this field. These courses should be represented by a bank manager with useful references such as books and CDs which children can refer to them when they have questions about banking principles. In Germany and the US, for example, taking these courses is compulsory for students. Further and even more importantly, though, The final way could be to involve children in doing some banking activities alone considering their ages such as opening a personal account, paying bills by credit card or debit card.
It is true that mastering about money matters may not be essential for children due to the fact that they are so naive to shoulder the responsibility of family budget management. Nevertheless, this knowledge not only boosts their confidence in confronting hardship in life but enables them a deep understanding of the complexities of life as well.
In summary, having children do some financial transactions and running school courses appear to be the primary methods to teach children about money matters. It seems obvious that adults would benefit enormously from the knowledge they learned about money matters in childhood.
Transition Words or Phrases used:
but, first, firstly, furthermore, if, may, nevertheless, second, so, well, for example, for instance, in summary, such as, as well as, it is true
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 15.0 13.1623246493 114% => OK
Auxiliary verbs: 10.0 7.85571142285 127% => OK
Conjunction : 6.0 10.4138276553 58% => More conjunction wanted.
Relative clauses : 11.0 7.30460921844 151% => OK
Pronoun: 35.0 24.0651302605 145% => Less pronouns wanted
Preposition: 42.0 41.998997996 100% => OK
Nominalization: 3.0 8.3376753507 36% => More nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 1611.0 1615.20841683 100% => OK
No of words: 314.0 315.596192385 99% => OK
Chars per words: 5.13057324841 5.12529762239 100% => OK
Fourth root words length: 4.20951839842 4.20363070211 100% => OK
Word Length SD: 2.78569957362 2.80592935109 99% => OK
Unique words: 184.0 176.041082164 105% => OK
Unique words percentage: 0.585987261146 0.561755894193 104% => OK
syllable_count: 486.9 506.74238477 96% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 8.0 5.43587174349 147% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 44.7895874379 49.4020404114 91% => OK
Chars per sentence: 115.071428571 106.682146367 108% => OK
Words per sentence: 22.4285714286 20.7667163134 108% => OK
Discourse Markers: 10.3571428571 7.06120827912 147% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 12.0 8.67935871743 138% => OK
Sentences with negative sentiment : 0.0 3.9879759519 0% => More negative sentences wanted.
Sentences with neutral sentiment: 2.0 3.4128256513 59% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.202836456144 0.244688304435 83% => OK
Sentence topic coherence: 0.0745906448055 0.084324248473 88% => OK
Sentence topic coherence SD: 0.0738418791913 0.0667982634062 111% => OK
Paragraph topic coherence: 0.141765075801 0.151304729494 94% => OK
Paragraph topic coherence SD: 0.0698395099724 0.056905535591 123% => OK
Essay readability:
automated_readability_index: 13.9 13.0946893788 106% => OK
flesch_reading_ease: 49.15 50.2224549098 98% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.9 11.3001002004 105% => OK
coleman_liau_index: 12.77 12.4159519038 103% => OK
dale_chall_readability_score: 8.55 8.58950901804 100% => OK
difficult_words: 76.0 78.4519038076 97% => OK
linsear_write_formula: 11.5 9.78957915832 117% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
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Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 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.