Here's the passage from last week's lesson, but this time we have some 'true, false, not given' questions.
Chores for children
Assigning new jobs for children as they mature will develop their work ethic, says Gregg Murset, CEO of BusyKid, a chore and allowance tracking app. “The most important thing is to challenge them,” he says. “Once they have some proficiency you need to make them stretch to do the next job.” Mr. Murset, a father of six children ages 10 to 20, believes parents should teach children to do housework when they’re young, no matter if it yields imperfect results. “Even though it’s easier to just clean the toilet by yourself and be done with it, you have to take the long view and realise that these fundamental life skills are so important,” he says.
Attaching an allowance to chores teaches children not to expect handouts, says Michael Eisenberg, a financial advisor and member of the National Financial Literacy Commission. “At earlier ages, it instills within children the reality that you do something and you get paid for it,” he says. “Later on in life, they learn that the only way we get money is if we produce stuff at our jobs.” Some 68% of U.S. parents say they pay an allowance to their children, at an average rate of $67.80 per month, according to a 2016 survey of 1,005 adults. More than 80% of respondents who pay an allowance say they want to teach their child the value of money and financial responsibility, the survey found.
Are the following statements true, false or not given?
- Gregg Murset’s experiences of fatherhood led him to develop the BusyKid app.
- Michael Eisenberg believes in giving children financial incentives to do certain tasks.
- The majority of U.S. parents give their children pocket money.