Some 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

Essay topics:

Some 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.

In today’s world, wealth has a prominent role in one’s life; therefore, some part of the society think that the offspring should be taught regarding money by parents. In the present essay, a few helpful methods in this endeavor are enlisted.

First and foremost, parents should give their children monthly allowance to teach them how to manage money. If children receive their allowance on monthly basis, they learn to be thrifty and not to spend it all at once. For instance, I was never given money when I wanted to buy something, instead, I had to hold on to the sum that I had till it was necessary to spend it.

Another beneficial way is to punish children for unnecessary expenditure, which teaches them how to spend their money wisely. Children should be taught that money should not be spent on extravagance. The best way is to discourage them with mild punishments such as cutting their play time or their access to some of their belongings.

Last but not least, rewarding children with money when they have constructive behavior. When children are behaving in a helpful manner such as helping with the chores and running errands, they should be rewarded with money so they learn that money is earned by being responsible for completing tasks. Moreover, encouraging children to take on part-time job during school break is highly beneficial because they learn money is merited through hard work.

All in all, there are a plethora of methods to teach children about money. Based on the explanation above, I believe the most beneficial ones are giving a monthly allowance, punishment for spending on unnecessary luxuries, reward them with money when they are helpful around the house and encouraging children to take on a part-time job.

Votes
Average: 9 (7 votes)

Comments

Grammar and spelling errors:
Line 7, column 116, Rule ID: IN_A_X_MANNER[1]
Message: Consider replacing "in a helpful manner" with adverb for "helpful"; eg, "in a hasty manner" with "hastily".
...ve behavior. When children are behaving in a helpful manner such as helping with the chores and run...
^^^^^^^^^^^^^^^^^^^

Transition Words or Phrases used:
but, first, if, moreover, regarding, so, therefore, for instance, such as

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 18.0 13.1623246493 137% => OK
Auxiliary verbs: 5.0 7.85571142285 64% => OK
Conjunction : 6.0 10.4138276553 58% => More conjunction wanted.
Relative clauses : 9.0 7.30460921844 123% => OK
Pronoun: 29.0 24.0651302605 121% => Less pronouns wanted
Preposition: 46.0 41.998997996 110% => OK
Nominalization: 7.0 8.3376753507 84% => OK

Performance on vocabulary words:
No of characters: 1472.0 1615.20841683 91% => OK
No of words: 294.0 315.596192385 93% => More content wanted.
Chars per words: 5.00680272109 5.12529762239 98% => OK
Fourth root words length: 4.14082457966 4.20363070211 99% => OK
Word Length SD: 2.67981452636 2.80592935109 96% => OK
Unique words: 158.0 176.041082164 90% => More unique words wanted.
Unique words percentage: 0.537414965986 0.561755894193 96% => OK
syllable_count: 440.1 506.74238477 87% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 5.43587174349 92% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 2.0 4.76152304609 42% => More preposition wanted as sentence beginning.

Performance on sentences:
How many sentences: 13.0 16.0721442886 81% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 54.9916615519 49.4020404114 111% => OK
Chars per sentence: 113.230769231 106.682146367 106% => OK
Words per sentence: 22.6153846154 20.7667163134 109% => OK
Discourse Markers: 5.61538461538 7.06120827912 80% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 8.0 8.67935871743 92% => OK
Sentences with negative sentiment : 0.0 3.9879759519 0% => More negative sentences wanted.
Sentences with neutral sentiment: 5.0 3.4128256513 147% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.267274303512 0.244688304435 109% => OK
Sentence topic coherence: 0.109757949657 0.084324248473 130% => OK
Sentence topic coherence SD: 0.0715550716347 0.0667982634062 107% => OK
Paragraph topic coherence: 0.156619497375 0.151304729494 104% => OK
Paragraph topic coherence SD: 0.0594612507453 0.056905535591 104% => OK

Essay readability:
automated_readability_index: 13.5 13.0946893788 103% => OK
flesch_reading_ease: 57.61 50.2224549098 115% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 10.7 11.3001002004 95% => OK
coleman_liau_index: 12.07 12.4159519038 97% => OK
dale_chall_readability_score: 8.16 8.58950901804 95% => OK
difficult_words: 64.0 78.4519038076 82% => More difficult words wanted.
linsear_write_formula: 9.0 9.78957915832 92% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?

---------------------

Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
---------------------
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.