Describe a valuable item that you would like to give as a gift
1. What do you think young people save money for?
I think young people primarily save money for two things: technological gadgets like smartphones, laptops, and computers, as well as branded clothes and fashion accessories such as belts and purses. Additionally, in some countries, youth also save money for higher education.
2. What is the difference between men and women saving money?
There is no gender difference; it depends on the individual’s willpower. If a person possesses strong willpower, saving money is easy; otherwise, it can be challenging.
3. Do you think it is better to spend money or save money?
We should always strive to save a fixed proportion for rainy days, but at the same time, we shouldn’t cease enjoying life. Life is short, and we should also relish opportunities for enjoyment.
4. Do you think children’s knowledge of money comes from school or family?
Children’s knowledge of money comes from both school and family. While subjects like math teach theoretical concepts about money, parents play a significant role in teaching practical money management through observation.
5. Do you think schools should increase their awareness of money?
Money management is a crucial life lesson, and schools should increase awareness of it. Lessons about responsible spending and saving money would benefit youngsters who often lack prior knowledge and may regret overspending later.
6. Is it easy for people to save money to buy something expensive?
Saving money to buy something expensive can be challenging as it requires discipline, budgeting, and long-term financial planning. It involves sacrificing immediate gratification and prioritizing saving over spending to reach the desired goal.
7. Should children have pocket money? Why?
Providing children with pocket money can be beneficial as it teaches financial responsibility, budgeting, and independent decision-making. It allows them to learn the value of money, practice decision-making, and develop skills in saving, spending, and managing their finances within reasonable limits.
