蓝色为原文；黑色为听写；红色为错误；绿色为遗漏！
Paying children to do extra work around the house, however, can be
Paying children to do extrl work around the house, however, can be
useful. It can even provide an understanding of how a business works.
useful. It can even provide an understanding of how a business works.
Allowances give children a chance to experience the three things
Allowances give children a chance to experience the three things
they can do with money. They can share it in the form of gifts or
they can do with money. They can share it in the form of gifts or
giving to a good cause. They can spend it by buying things they want.
giving to a good cause. They can spend it by buying things thay want.
Or they can save it.
Or they can save it.
Saving helps children understand that costly goals require sacrifice:
Saving helps children understand that cost golds require sacrificy:
you have to cut costs and plan for the future. Requiring children to
you have to cut costs and plan for the future. Requiring children to
save part of their allowance can also open the door to future saving
save parts of their allowance can also open the door to future saving
and investing. Many banks offer services to help children and teenagers
and investing. Many banks offer services to help children and teenagers
learn about personal finance. A savings account is an excellent way
learn about persinal finacial.A savings account is an excellent way
to learn about the power of compound interest.
to learn about the power of compound interest.
Compounding works by paying interest on interest. So, for example,
Compounding works by paying interest on interest. So, for example,
one dollar invested at two percent interest for two years will earn
one dollar invested at two percent interest for two years will earn
two cents in the first year. The second year, the money will earn
two cents in the first year. The second year ,the money will earn
two percent of one dollar and two cents, and so on.That may not seem
two percent of one dollar and two cents, and so on.That may not seem
like a lot. But over time it adds up.
like a lot. But over time it adds up.
posted on 2007-11-24 14:45
侠仁小鱼 阅读(25)
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