Children learn game of finance
By Paula Burkes
Business Writer
Gina Lowry, a sixth-grade math teacher at Heritage Hall, recently walked into the school’s locker room and found several football coaches tackling a mathematical brainteaser, with which they’d been wrestling for some time.
Lowry had the problem solved in three minutes. “It made them really mad,” she said, “but it was really funny!”
It wasn’t that the coaches couldn’t do the math. Rather, they had trouble setting up the problem to solve. Her students frequently make the same mistakes, Lowry said.
“Most of word problems are reading and understanding what the problem is telling you,” Lowry said.
“Kids today spend so much time using shorthand and texting on computers, cell phones and video games that they’re impatient,” she said. When she assigns word problems, Lowry requires her students to write the answers in complete sentences.
Lowry and other experts say parents can help bring out the financial wizards in their children. Among other things, they can start paying allowances early, expose their kids to chess and teach real-world finances.
“As soon as your youngster can understand the transaction involved in buying a lollipop, the child is ready to start learning about money,” said Sue Lynn Sasser, executive director of the Oklahoma Council on Executive Education. Children, Sasser said, learn most from watching their parents, whether it’s comparison shopping or computing the price per pound on goods.
Sasser recommends parents begin paying their children, at age 6 or 7, a weekly allowance.
Here is the full story.
The key is: Save your money and do not spend more than you have.
Simple enough.
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9th ASEAN+ AGE-GROUP CHESS CHAMPIONSHIPS Danang
Vietnam – 11th to 20th June 2008
The ASEAN Championships will be held in Danang, Vietnam, from 11th to 20th June 2008 and conducted in the U-8, 10, 12, 14, 16 and 18 Age-Groups for Girls and Open. In addition, Seniors (aged 50 and above) will be held.
Direct individual registrations as well as even those from countries/territories not within ASEAN.
Of course the football coaches were too dumb to solve it.
“a sixth-grade math teacher at Heritage Hall, recently walked into the school’s locker room and found several football coaches tackling a mathematical brainteaser”
And it doesn’t hurt to avoid a medical catastrophe.