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Finally – Financial Education Embraced in Schools

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Studies in the past have shown that children who grasp the concept of managing money wisely at a young age will be more successful when it comes to dealing with finances in their adulthood. However, despite these findings, a mere 17 states in the U.S. made it obligatory for students to take personal finance classes; but, the good news is, this is about to change. 

Forty-Five States Get on Board 

According to CBS News, “Now, a new report from the Council for Economic Education found that the number of states that require a high school student to take a personal finance course — either a standalone class or integrated into other coursework — in order to graduate has risen to 21.” As of now, forty-five states include personal finance education. The kids start their education in this area in kindergarten through 12 grades; however, out of the forty-five states only 37 states announced that they require these new standards to be implemented by school districts locally.

CEO of the Council for Economic Education, Nan Morrison Speaks Out

CEO Nan Morrison voiced her thoughts on the matter recently, “We have finally hit on the fact that requirements really matter… They matter because they help [students] make better financial decisions. Student debt is still a challenge and, with the rise of the gig economy and more people responsible for their financial lives, more people are realizing we have to put this in our schools,” she added.

What Do Parents Think about Schools Teaching Personal Finance? 

A recent survey conducted by the U.S. News & World Report found that over 83% of parents think that high schools do not make enough effort to help their children become financially savvy individuals. The majority of parents also added that financial education is something they practice at home with their children, even though it is an aspect that is lacking in their formal school education. According to the U.S. News, “When asked which money concepts they’ve taught their kids, more than 68% of survey respondents focused on the importance of saving, and 53% had tackled the concept of budgeting.” 

Needless to say, the majority of parents (over 80 per cent) who have school aged children believe that financial education should be implemented in the curriculum. Many also think that while certain aspects of handling finances can be taught at home by the kids’ carers, there are definitely major advantages to this class being taught by professionals. Details like comparison shopping, debt, avoiding online scams, using credit, and investing are all important aspects that should be taught by professionals in the field. The same survey also showed that, “Only 19% of parents say they haven’t tried to help their kids become financially literate. When you think about the huge decisions high school seniors have to make about financing college, the more they know about personal finance and debt, the better.”

The Positive Long-term Effects of Teaching Personal Finance to Children

The aim of introducing and teaching financial responsibility to kids at an early age boils down to the fact that they will be able to take responsibility for their finances as they go off to college. A majority of young adults today are not prepared to face those types of challenges without their parents present; however, with proper preparation, adequate information, and wise financial habits instilled at a young age, teenagers and young adults will be able to handle their finances without their parents as they start their independent lives. 

“The best thing about it is how you learn about how to save money for college and the rest of your life and how to spend your money wisely without wasting it.” said eighth-grader, Gabe Strassman who is already on the path of learning financial responsibility. 

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Education

Simple Tricks in Managing Scholarly Papers

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Writing essays should be fun if you understand the tricks to that. Moreover, many students fail to submit worthy reports, not because they couldn’t do so but because of ignorance and carelessness. This article gives us simple guidelines on avoiding such and enables one to deliver first-rate reports at all times. Please read on for more!

How to Write a Great Academic Paperwork

There are various types of essays we encounter in schools. Therefore, the format for writing each document will vary depending on its type. Moreover, the structure will be similar in nearly every paper you write. For example, a standard report contains the introduction, body, and conclusion sections. These three sections are ubiquitous in every piece, and a writer should be able to adhere to the correct format for each paper.

The word count in different essays will vary depending on the document type. As such, the scope for research will increase when writing more extensive essays compared to writing shorter ones.

Understanding that you should consider this to evaluate the writing process is crucial. The length of the document tells how many sections or chapters will be present in the paperwork. A three-paragraph paper which ranges from around 500 to 600 words, will be shorter and easier to handle even within limited time frames. A thesis paper, on the other hand, that covers almost 40 to 60 pages in length will require planning before writing begins.

There are many exciting tricks to help students learn how to handle academic documents. For example, essay variations might lead you to miss the proper format when writing your papers. Moreover, various online assistants, like an essay service, give intellectuals quick and first-rate scholarly knowledge with ease. Most companies offer services worldwide, so you should confirm the terms of their operations. Evaluating online assistants and determining if they are legit before hiring them is crucial.

There are simple tips to assist students in managing their papers with ease. These include:

Accountability

First, accountability enables many to excel in their school work. Being accountable involves time management and taking responsibility for every action you engage in. When writing essays, you must remember that you are working to boost your career achievements. A top-notch paper will earn good grades, reflecting worthwhile career progress.

Time management allows proper planning before writing reports. Lengthier documents sometimes take weeks before you compile the entire booklet. It takes hard work and determination to submit worthy paperwork for your scholarly advancement. Good grades in schools allow individuals to progress in their careers, which means securing better future jobs with better-paying salaries.

Research

An online essay writer can be a reliable pro when in need of writing academic documents. Genuine companies offer reliable assistants who manage documents regardless of size, complexity, or delivery time. Good essays are simple to write, and the process should be enjoyable. It should always have a flow. The argument in your writing should express your thoughts without confusing your readers. Finally, ensure you understand the entire paper before submitting it to your tutors.

Proofreading

The first thing to help you verify that your work is perfect is proofreading. Everyone needs to countercheck the script before presenting it to the audience. Doing so enables one to identify any mistakes in writing. Besides, proofreading allows individuals to read through their documents and ascertain that the content is in line with the topic sentence. It is common for many to flop when writing their papers because maybe they were in a hurry to beat deadlines. Nonetheless, proofreading lets one determine that their work is correct and properly documented.

The best essays are written by none other than us. Therefore, it will be necessary also to revise past papers to understand what other students write in their documents. Revisiting past papers allows one to determine how to handle particular essays and topics that seem complex. Online platforms today offer relevant database sources that accommodate scholarly knowledge. Be keen always to engage such sources when researching information for your pieces. These sources are also good when referencing your work. Sometimes individuals rely on fake websites, and this causes them to submit plagiarized work. Always countercheck your paperwork to ensure they are free of plagiarism. With 1text.com, it has become effortless for individuals to submit plagiarism-free documents. The online platform allows one to scan documents and gives results depending on how the paper is. Also, you can manually countercheck your work, although this might take time. Also, it is easier to miss some errors when checking your work. Regardless, individuals should proofread their pieces at all times. 

With such tricks, anyone can score good grades on their papers. 

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Education

Why is Financial Literacy so Important in School?

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Learning how to manage money in schools should be a separate subject to be taught.

Children should be taught from a young age about money, where it comes from, how best to handle money and how to save.

Many parents think that they should let their children enjoy the charms of childhood carefree.

However, experts do not agree with this and believe that if you want to raise them and prepare them for the future in the best possible way, you should teach them about money as early as possible.

So what is a kids credit card?

Kid’s credit cards make learning about finances easy and fun

Most adults get into trouble because they don’t have a good foundation and no one taught them about money, so later they get into debt and become stressed and anxious.

Which ultimately destroys their standard of living. This type of card is designed to make it easier for parents and kids to learn about the financial world.

What is special is that, in addition to teaching children financial literacy, they also teach them responsibilities and doing chores within the household and community.

The procedure for opening this type of card is simple

Parents open an account in the name of their children by providing basic information, name, surname, and place of residence.

After the parents have paid money into the children’s account, the account is automatically activated.

What is special about these type of cards

Credit cards for kids, in addition to educating them about finances, also teach them the various skills and responsibilities they have within the household.

There are personalized tables for all ages children from younger to older, where parents set tasks that children must complete within a given time.

Based on completed tasks, children receive an increase in allowance or a reduction.

Parents can prohibit transactions with certain companies and brands that they consider inappropriate content for their children.

Parents are the ones who have complete supervision and insight into all activities that children perform on the account, from saving, spending, earning, investing, and donating money.

Financial education should be introduced into the education system

During the school period, we learn things that we will never need, but we do not learn basic things such as handling money.

Therefore, many children grow up to be adults who are not able to rationally spend, save and have no idea about investing in stocks and building credit.

Although many believe that parents should teach their children about finances, keep in mind that today most parents, unfortunately, do not have a basic education about finances.

Therefore, the expert proposes to revise the curriculum as soon as possible and introduce financial education as a separate subject.

What would be taught within financial education

Within the subject of financial education, children would be taught various things.

Children would first have to learn the basics of money, where it comes from, and all the ways of earning money that exists within their age.

1. The difference between luxury and necessity

A basic distinction that children must learn is the difference between what is a necessity and what is a luxury.

Children must know that their parents cannot fulfill all their wishes.

Children also need to know that there are many more important things that parents need to spend money on such as paying bills, rent, loans, food, drinks, clothes, and shoes.

2. Learning to save, rational spending, and investing in stocks

Learning how to put together a savings plan is one of the most important things for children.

Through the school plan, they would have a special savings plan based on the pocket money they receive, and they must set aside a percentage for savings.

The money that is in savings is not touched, that money is kept for something else, of course in agreement with the parents.

3. Learning rational spending

Most children spend the money they have on toys, sweets, and games. A small percentage of children know how to dispose of money conscientiously and not spend it on stupid things.

Through classes, the plan is to teach them how to spend and dispose of money rationally.

That money is very difficult to earn and that it should not be taken for granted and sometimes it is better to wait than to spend the money immediately.

4. To encourage children to become small entrepreneurs

All children are inclined to be independent no matter how old they are, it is up to parents and teachers to encourage children to be small entrepreneurs.

Encourage them to take on extra chores around the house, and find part-time jobs like lawn care, dog grooming, babysitting, tutoring, or selling their artwork.

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Education

How Scrabble Pros Unscramble Words with Ease

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The most experienced Scrabble players have developed several strategies that give them an edge over newbies and recreational players alike, allowing them to rack up big points by unscrambling their opponents’ letters at key moments. While these techniques can be very effective, they are also easy to overlook if you aren’t aware of how to recognize them, so we’ve put together this list of the most common tricks of the Scrabble pros so that you can start using them too!

Take it Slow Don’t Rush

One of the most common mistakes people make when playing Scrabble is spending all of their tiles right away. However, there are ways to keep track of tiles and strategies to maximize them. This one is a simple example. The maximum number of vowels to be used in the alphabet should be less than the number of consonants. For example, if you create SARAN or CARAT then you can block opponents from getting points in some cases, but this won’t help you get points in the game. One technique is to identify the letter that each player has chosen in previous rounds, and use those letters to create new words.

Know Letter Frequency

When you’re trying to improve your skills, it is helpful to know the frequency of letters in English, which helps you avoid getting an advantage over other players who might not be aware of this. Despite there being 26 letters in the English language, ‘E’ is the most popular with 13% of all words ending in ‘E’. ‘T’ is a close second at 9%. For example, the letter O appears less than 5% of the time and the letter Q is used only 2% of the time. That means if you see a word on the board that ends in T or has Q in it, that could give you some leverage. If someone’s already put down one or two Ts or Qs, use them before they do!

Learn Q Words

There is a lot of emphasis on learning how to play Q words, especially if they do not contain U (as they are rare). For instance, the letter Q is the least used letter in English, so it’s hard to find words that use it. Having the least used letter at the beginning of your scrabble game will definitely help to improve your skills.

You can learn Q words with a tool that unscrambles words. Enter the letters you have, including Q, and it will give word lists that contain Q. It also tells you what letter frequency for each letter so you know what to prioritize next.

Most people think about which two-letter word might be a good option when trying to come up with something from their hand, but this tool will list all possible words for any given number of letters. If there are many 2-letter words, for example, then those would be considered first rather than all the 3-letter or 4-letter ones.

When to Use Your S’s

Many might think the letter ‘S’ is the most important letter in the game because adding an ‘S’ after any word makes it plural. If you do this, you can prevent your opponents from earning points with their high-scoring letters while benefiting yourself as well. Save your S tiles and use them strategically. Try to place an S at the end of a word when it would score a few more points than if placed anywhere else. And when you come across words that have many vowels in them, such as DESIRE or SEED, save your R and I tiles until near the end when they will have more scoring power.

Look for Triple Word Scores

Some words have more than one point associated with them, which is called a triple-word score. Here’s how it works if two consecutive letters total 10 points, then they form a word. For example, if we look at the word ambulance, it is made up of two words, am and bulance, each one containing six points. As per the rules, all the words must have four letters at a minimum or they are not considered adverbs. In addition to that, it’s wise to consult a dictionary or at least Google the meaning of any words you might be unsure of. In other words, take advantage of this scoring opportunity by combining words that you know will meet the criteria.

Play Against Better Players

One way you can hone your game is by challenging experts. There are a lot of ways to find an expert to play against, but one easy way is by playing Words With Friends. Not only will you get to play against people who are as serious about Scrabble as you are, you’ll also get a chance to pick up on any word or strategy words professional Scrabble players might use to their advantage. Scrabble is a tough game to beat, so you might have trouble finding others who will regularly play with you; the only downside to finding someone to play with is that they’ll need to be at your level of Scrabble expertise. In fact, there are even chat rooms solely dedicated to competitive scrabblers!

Don’t Forget to Have Fun

Even though it might sound like we are overdoing it, this really is the best advice: a game of Scrabble should be about having fun and not serious competition. With that said, the key of the game is that the other player will likely be having just as much fun. Thus, the game will be more fun for both of you if you don’t hesitate to make risky moves. In some cases, it’s either the extreme of one extreme or nothing at all.

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