模拟题三

　　16. A) They learn it by making a big financial mistake.

　　B) They first learn it by receiving an allowance.

　　C) They learn it by earning their first pay.

　　D) They first learn it by losing their wallets.

　　17. A) Make their children understand what should be paid for with the money.

　　B) The new allowance shouldn’t be given without a proper timing.

　　C) The amount of the allowance given should not be big.

　　D) Needn’t bother about how they spend the money.

　　18. A) It’s especially beneficial to children’s understanding how a business works.

　　B) It’s not a good idea to pay the children for the works that are normal part of family life.

　　C) The children will tend to do a work just for a pay.

　　D) The children will cultivate a habit of saving money.

　　19. A) The costly goals are based on the present sacrifice.

　　B) You can get more profit from the book compound Interest of the saving.

　　C) The gains will be accumulated over a substantial amount of time.

　　D) To possess an item of clothing or electronics needs your long-time saving.

　　原文

　　Today we’ll be talking about how allowances help teach children about money. Many children first learn the value of money by receiving an allowance. The purpose is to let children learn from experiencing at an age when financial mistakes are not very costly.

　　The amount of money that parents give to their children to spend as they wish differs from family to family. Timing is another consideration. Some children get a weekly allowance. Others get a monthly allowance.

　　In any case, parents should make clear what, if anything, the child is expected to pay for with the money.

　　At first, young children may spend all of their allowance soon after they receive it. If they do this, they will learn the hard way that spending must be done within a budget. Parents are usually advised not to offer more money until the next allowance.

　　The object is to show young people that a budget demands choices between spending and saving. Older children may be responsible enough to save money for larger costs, like clothing or electronics.

　　Many people who have written on the subject of allowances say it is not a good idea to pay your child for work around the home. These jobs are a normal part of family life.

　　Paying children to do extra work around the house, however, can be useful. It can even provide an understanding of how a business works.

　　Allowances give children a chance to experience the things 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. Or they can save and maybe even invest it.

　　Saving helps children understand that costly goals require sacrifice: 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 and investing. Many banks offer services to help children and teenagers learn about personal finance.

　　A savings account is an excellent way to learn about the power of compound interest. Interest rates on savings can be very low these days. But compounding works by paying interest on interest. So, for example, one dollar invested at two percent interest 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 like a lot. But over time it adds up.

　　16. How do the children learn the value of money?

　　17. What should parents do when they give an allowance to their children?

　　18. What’s the speaker’s opinion concerning rewarding children when they help with the household chores?

　　19. What’s the lesson that saving will bring to children?