TPO-15 - Independent Writing TaskDo you agree or disagree with the following statement?In order to become financially responsible adults, children should learn to manage their own money at young age.Use specific reasons and examples to support your answer

With economies evolving faster than ever, also there have been a lot of opportunities to make a good fortune out in the market. Nonetheless, there is an increasing number of cases of dissolution, bankruptcy and financial break downs.
The thing that decides to be on the right side of financial see-saw are the concepts of financing. I personally feel that learning such concepts at younger age might make easier for people is sustaining there after in their career.
I will provide three reasons in support of my view which I will elaborate on in the following paragraphs.

First of all, making money and managing it by oneself at a younger age is the most important teaching in the life. Utilizing our own money, which is made through hard work, preaches us many crucial aspects that encompass the financial bubble. This experience will be conducive when you actually start to live you own life. Parents cannot catch our backs all the time. There are many critical things that have to learned regarding finances, say saving, accounting, investing, etc., Each of these might appear simple from the outside as we see them independently, but these minor-appeared hypocritical aspects depend on a lot other factors and pressures that emerge from both society and the personal life. Having an experience of such things helps a lot in life. Daily we see many people, not having any valid college degree, becoming billionaires. In other words, being good at these basic concepts, knowing them very well, and making the most out of them is all required to earn a lot of money. My personal example is a compelling example of this. During the final year of my under graduation, I started working part time in a small financing company. Consequently, the pay I received was less but the exposure that I had earned before the graduation was unfathomable. Right after the college I started investing and till now, I have made lots of money through savings and investing, not to mention that all this has been done from my avocation.

Secondly, managing family's finances during childhood and teenage also helps us a lot. The experience we gain is invaluable, which properly executed in future, leads to sustainable money flow over long period of time. Similarly, even observing parents at an early age may help attain some insights in these things. Most children might think of all this as a burden, nevertheless learning such things does not require much energy and surely does not consume a lot of your playing time. Moreover, you can do all other things while you perform such things with the assistance of your parents. Though practicing might appear onerous but in reality these are very facile. A very famous people named Rich Dad Poor Dad by renowned author Mark Twain, discerns the importance of learning financial concepts at an early age. In that memoir, the author himself has started practicing from very young age to become one of the youngest non-technological millionaires in the world.

Finally, we encounter many cases where rich kids suffer financially in their career. During childhood, such children having seen a lot of money and spending to their wish does not learn the concepts of frugality. This results in poor financial life after they had detached from their rich parents as they start their personal life. Although being thrifty might seem superficially simple, but have capacity to make you dissolute.

In conclusion, learning and practicing finances at an early age is very useful throughout one's life. Although every child might not have the possibility performing, still one could get the taste of it by observing other people executing such practices. On the other hand, many a lot books are available out their in the market or internet. Young people might ingest these books and start practicing as soon as possible. It can be fun as well as risky.

Votes
Average: 7.3 (1 vote)
Essay Categories

Grammar and spelling errors:
Line 2, column 203, Rule ID: EN_COMPOUNDS
Message: This word is normally spelled as one.
Suggestion: thereafter
...ht make easier for people is sustaining there after in their career. I will provide three ...
^^^^^^^^^^^
Line 5, column 421, Rule ID: AFFORD_VBG[1]
Message: This verb is used with infinitive: 'to regard'.
Suggestion: to regard
...ny critical things that have to learned regarding finances, say saving, accounting, inves...
^^^^^^^^^
Line 5, column 1114, Rule ID: EN_COMPOUNDS
Message: This word is normally spelled with hyphen.
Suggestion: part-time
... my under graduation, I started working part time in a small financing company. Consequen...
^^^^^^^^^
Line 7, column 149, Rule ID: IN_PAST[1]
Message: Did you mean: 'in the future'?
Suggestion: in the future
... is invaluable, which properly executed in future, leads to sustainable money flow over l...
^^^^^^^^^
Line 7, column 202, Rule ID: PERIOD_OF_TIME[1]
Message: Use simply 'period'.
Suggestion: period
...ads to sustainable money flow over long period of time. Similarly, even observing parents at a...
^^^^^^^^^^^^^^

Transition Words or Phrases used:
actually, also, but, consequently, finally, first, if, may, moreover, nevertheless, nonetheless, regarding, second, secondly, similarly, so, still, well, while, in conclusion, as well as, first of all, in other words, on the other hand

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

Performance on Part of Speech:
To be verbs : 21.0 15.1003584229 139% => OK
Auxiliary verbs: 15.0 9.8082437276 153% => OK
Conjunction : 17.0 13.8261648746 123% => OK
Relative clauses : 13.0 11.0286738351 118% => OK
Pronoun: 62.0 43.0788530466 144% => Less pronouns wanted
Preposition: 87.0 52.1666666667 167% => OK
Nominalization: 10.0 8.0752688172 124% => OK

Performance on vocabulary words:
No of characters: 3237.0 1977.66487455 164% => OK
No of words: 650.0 407.700716846 159% => Less content wanted.
Chars per words: 4.98 4.8611393121 102% => OK
Fourth root words length: 5.04926703274 4.48103885553 113% => OK
Word Length SD: 2.68480757522 2.67179642975 100% => OK
Unique words: 322.0 212.727598566 151% => OK
Unique words percentage: 0.495384615385 0.524837075471 94% => More unique words wanted or less content wanted.
syllable_count: 998.1 618.680645161 161% => OK
avg_syllables_per_word: 1.5 1.51630824373 99% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 10.0 9.59856630824 104% => OK
Article: 5.0 3.08781362007 162% => OK
Subordination: 3.0 3.51792114695 85% => OK
Conjunction: 3.0 1.86738351254 161% => OK
Preposition: 7.0 4.94265232975 142% => OK

Performance on sentences:
How many sentences: 34.0 20.6003584229 165% => OK
Sentence length: 19.0 20.1344086022 94% => OK
Sentence length SD: 51.4314557122 48.9658058833 105% => OK
Chars per sentence: 95.2058823529 100.406767564 95% => OK
Words per sentence: 19.1176470588 20.6045352989 93% => OK
Discourse Markers: 6.91176470588 5.45110844103 127% => OK
Paragraphs: 7.0 4.53405017921 154% => Less paragraphs wanted.
Language errors: 5.0 5.5376344086 90% => OK
Sentences with positive sentiment : 18.0 11.8709677419 152% => OK
Sentences with negative sentiment : 4.0 3.85842293907 104% => OK
Sentences with neutral sentiment: 12.0 4.88709677419 246% => Less facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.176512181933 0.236089414692 75% => OK
Sentence topic coherence: 0.0440055699089 0.076458572812 58% => OK
Sentence topic coherence SD: 0.0337483321553 0.0737576698707 46% => Sentences are similar to each other.
Paragraph topic coherence: 0.0878712383707 0.150856017488 58% => OK
Paragraph topic coherence SD: 0.0338139518759 0.0645574589148 52% => OK

Essay readability:
automated_readability_index: 11.6 11.7677419355 99% => OK
flesch_reading_ease: 60.65 58.1214874552 104% => OK
smog_index: 3.1 6.10430107527 51% => Smog_index is low.
flesch_kincaid_grade: 9.5 10.1575268817 94% => OK
coleman_liau_index: 11.6 10.9000537634 106% => OK
dale_chall_readability_score: 8.13 8.01818996416 101% => OK
difficult_words: 146.0 86.8835125448 168% => OK
linsear_write_formula: 8.5 10.002688172 85% => OK
gunning_fog: 9.6 10.0537634409 95% => OK
text_standard: 12.0 10.247311828 117% => OK
What are above readability scores?

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Write the essay in 30 minutes.

Rates: 73.3333333333 out of 100
Scores by essay e-grader: 22.0 Out of 30
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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.