Do you Agree with the following statement?
In order to become financially responsible adult, children should learn to use their own money at a young age. Use specific reasons and examples to support your answer.
There are persons, who may have different opinion whether to put financial responsibility on adults at a young age because it is the time when young adults learn other skills necessary for their development. However, I strongly believe that children should be allowed to manage their own money at a young age. I feel this way for three reasons, which I will explore in the following essay.
Firstly, it makes them more responsible. If the parents put the responsibility of managing the finances to their kids that make them realize how to spend money wisely. For example, when I was a kid, my father would give me 10$ for my pocket money for full one week. I use to spend that amount wisely because I finish that amount before the deadline date I would not get any money further. That is how I developed the sense of responsibility, whereas my cousin who never had the responsibility for managing his finances, still struggles to handle the things.
Secondly, it makes them realize how difficult is to earn money. Take again, myself as an example, as my father gave me the responsibility to manage money, I realized how difficult is to earn even a single penny. I remember, when I was in my graduation at Manipal University, I exhausted all my savings during one semester. Then, I decided to earn money by working at a pizza shop. I would work from morning till evening to earn only few dollars. Since then I started saving and stopped spending on unnecessary things. That is the reason, why I am a successful person now. On the other hand my cousin, Ravi, he would spend on non-essential things never realized the importance of saving because his father never taught him how to save money. As a result, he still borrows money from family and friends.
Finally, it prepares them for future to handle their own financial planning. If parents sow the seeds of financial planning at an early age, children learn a lot about it, faster than other adults of the same age. For example, I read about Rakesh Junjunwala, considered the Warren Buffet of India. When he was a kid his father who was an Indian Administrative officer taught him the basic of financial planning. He started to read business magazines, whereas his contemporary adults would read the novels, story books. Here it made the difference he developed the sense of financial planning, and now he is a billionaire. If his father had not taught him the basics at the young age, he would not have become so wealthy and successful.
In a nutshell, even though some may argue, that young adult should not be given the responsibility of managing funds because they are not mature enough to handle it. However, I have an opposite opinion. I believe they should be allowed to manage their own fund because that makes them more responsible and prepares them to handle their own finances in future.
Grammar and spelling errors:
Line 3, column 42, Rule ID: SENTENCE_FRAGMENT[1]
Message: “If” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
...irstly, it makes them more responsible. If the parents put the responsibility of m...
^^
Line 3, column 224, Rule ID: CURRENCY[1]
Message: The currency mark is usually put at the beginning of the number: '$10'.
Suggestion: $10
...en I was a kid, my father would give me 10$ for my pocket money for full one week. ...
^^^
Line 3, column 269, Rule ID: USE_TO_VERB[1]
Message: Did you mean 'used'?
Suggestion: used
...or my pocket money for full one week. I use to spend that amount wisely because I f...
^^^
Line 7, column 299, Rule ID: SENTENCE_FRAGMENT[1]
Message: “When” at the beginning of a sentence requires a 2nd clause. Maybe a comma, question or exclamation mark is missing, or the sentence is incomplete and should be joined with the following sentence.
... considered the Warren Buffet of India. When he was a kid his father who was an Indi...
^^^^
Line 9, column 350, Rule ID: IN_PAST[1]
Message: Did you mean: 'in the future'?
Suggestion: in the future
...pares them to handle their own finances in future.
^^^^^^^^^
Discourse Markers used:
['finally', 'first', 'firstly', 'however', 'if', 'may', 'second', 'secondly', 'so', 'still', 'then', 'whereas', 'for example', 'i feel', 'as a result', 'on the other hand']
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance in Part of Speech:
Nouns: 0.193548387097 0.229887763892 84% => OK
Verbs: 0.166666666667 0.158761421928 105% => OK
Adjectives: 0.073476702509 0.0866891130778 85% => OK
Adverbs: 0.0609318996416 0.046263068375 132% => OK
Pronouns: 0.116487455197 0.0685040099705 170% => Less pronouns wanted. Try not to use 'you, I, they, he...' as the subject of a sentence
Prepositions: 0.102150537634 0.118717715034 86% => OK
Participles: 0.0232974910394 0.0351676179071 66% => OK
Conjunctions: 2.67554208858 2.67179642975 100% => OK
Infinitives: 0.0304659498208 0.0309702414327 98% => OK
Particles: 0.0 0.00188951952338 0% => OK
Determiners: 0.084229390681 0.0887237588012 95% => OK
Modal_auxiliary: 0.0215053763441 0.0209618222197 103% => OK
WH_determiners: 0.0268817204301 0.0139019557991 193% => OK
Vocabulary words and sentences:
No of characters: 2859.0 2387.08602151 120% => OK
No of words: 499.0 408.028673835 122% => OK
Chars per words: 5.72945891784 5.86048508987 98% => OK
Fourth root words length: 4.72634191566 4.48200974243 105% => OK
words length more than 5 chars: 0.342685370741 0.338922669872 101% => OK
words length more than 6 chars: 0.226452905812 0.251872472559 90% => OK
words length more than 7 chars: 0.150300601202 0.174417080927 86% => OK
words length more than 8 chars: 0.0901803607214 0.112833075102 80% => OK
Word Length SD: 2.67554208858 2.67179642975 100% => OK
Unique words: 236.0 212.727598566 111% => OK
Unique words percentage: 0.472945891784 0.524397521467 90% => More unique words wanted or less content wanted.
Word variations: 54.5936078205 59.2087087015 92% => OK
How many sentences: 27.0 20.6684587814 131% => OK
Sentence length: 18.4814814815 20.5533526081 90% => OK
Sentence length SD: 43.4880744576 48.84282405 89% => OK
Chars per sentence: 105.888888889 120.699889404 88% => OK
Words per sentence: 18.4814814815 20.5533526081 90% => OK
Discourse Markers: 0.592592592593 0.644075263715 92% => OK
Paragraphs: 5.0 4.5376344086 110% => OK
Language errors: 5.0 5.54480286738 90% => OK
Readability: 41.1267720626 45.7405998639 90% => OK
Elegance: 0.927083333333 1.45489161554 64% => OK
Coherence and Cohesion:
Essay topic to essay body coherence: 0.309043388849 0.300154397459 103% => OK
Sentence sentence coherence: 0.0741895889354 0.103427244359 72% => OK
Sentence sentence coherence SD: 0.0713316357317 0.0752933317313 95% => OK
Sentence paragraph coherence: 0.434549610392 0.497263757937 87% => OK
Sentence paragraph coherence SD: 0.168885366822 0.151897553556 111% => OK
Sentence topic coherence: 0.0958910692355 0.114077575197 84% => OK
Sentence topic coherence SD: 0.0676800245935 0.0781384742642 87% => OK
Paragraph paragraph coherence: 0.258016712173 0.336927656856 77% => OK
Paragraph paragraph coherence SD: 0.077525653746 0.067059652881 116% => OK
Paragraph topic coherence: 0.204821564832 0.210909579961 97% => OK
Paragraph topic coherence SD: 0.0463127345394 0.0618886996521 75% => The ideas may be duplicated in paragraphs.
Task Achievement:
Sentences with positive sentiment : 9.0 11.8870967742 76% => OK
Sentences with negative sentiment : 6.0 3.86379928315 155% => OK
Sentences with neutral sentiment: 12.0 4.91756272401 244% => Less neutral sentences wanted.
Positive topic words: 9.0 8.42114695341 107% => OK
Negative topic words: 4.0 2.4623655914 162% => OK
Neutral topic words: 11.0 2.75985663082 399% => Less neutral topic words wanted.
Total topic words: 24.0 13.6433691756 176% => OK
What are sentences with positive/Negative/neutral sentiment?
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Rates: 70.0 out of 100
Scores by essay e-grader: 21.0 Out of 30
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Note: This is not the final score. 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.