Finance Terms
Cash: Coins and paper bills are cash that can be exchanged for goods and services just about anywhere. When introducing the value of money, make the dollar bill your baseline. Explain that coins are fractions of a dollar, while $5, $10, $20 and $100 bills are multiples of a dollar.
Checks: Say that a check is a written instruction telling your bank to take money out of your account and to put it in the account of the person whose name you've written on the front of the check. Point to a blank check and explain that the amount to be transferred is written in numbers on the first line and in words on the second line. If your child wants more information, discuss the account and bank numbers at the bottom of the check. Underscore the importance of your signature on the check and the need to keep checks in a safe place.
Credit Cards: Credit, a promise to pay, makes sense only if you pay on time, because the bank will charge a stiff fee if you don't pay what you owe each month. Tell your child that some people overuse their credit cards, running up charges greater than they can pay in full each month. This means they must pay the bank interest (or extra money) each month resulting in less money for the things they want to do.
Credit Rating: Think of it as a report card on how you pay your bills. This is important when the bank is sizing you up for a mortgage or other loan. If you have a bad credit rating , akin to bad grades at school , the bank will be reluctant to make the loan or will charge you more for it. Debt Money you owe is debt. Tell your child that it's smart to keep debt low, so service charges, penalties and interest don't take money out of your pocket. However, the wise use of debt, such as a mortgage, is beneficial.
Electronic Transfer: Tell your child that a computer at your bank deducts money from your account and transfers it to a specified account at another bank. Say it's like the computer has a million fingers, making it very fast. But note that the computer will do only what it's told, and that it can't transfer the money unless you say it's okay and there's money in your account.
Mortgage: A mortgage is a loan from the bank to buy a house. It's what makes homeownership possible for millions of people. You transfer the amount of the loan to the builder or previous owner of the house and agree to pay the bank a predetermined amount, plus interest, each month. Explain why this is a wise use of debt.
Overdraft: Oops! You've written a check for more money than you have in your bank account. If you have overdraft protection, the bank will cover (or pay), the check, but for a hefty fee. This takes a bite out of your money and underscores the need to keep your checkbook up-to-date, so you don't bounce a check. "Bounce?" That means your check was returned to your account with a note saying that you didn't have enough money to cover it.
Savings Account: Here's your chance to introduce your child to the glory of compound interest; a basic tool in building wealth. Tell your child that the bank pays for the use of your money (interest) and the bank lends the money to others to build houses or to buy a new car. Make it clear that when you deposit money in a savings account, it's put to work, and therefore expands the economy. It doesn't just sit there like a piggy bank.
ELA
What is an "Argumentative Essay": Definition of Argumentative Essay
An argumentative essay is a type of essay that presents arguments about both sides of an issue. It could be that both sides are presented equally balanced, or it could be that one side is presented more forcefully than the other. It all depends on the writer, and what side he supports the most. The general structure of an argumentative essay follows this format:
1. Introduction: Attention Grabber / hook, Background Information, Thesis Statement
2. Body: Three body paragraphs (three major arguments)
3. Counterargument: An argument to refute earlier arguments and give weight to the actual position
4. Conclusion: Rephrasing the thesis statement, major points, call to attention, or concluding remarks.
An argumentative essay is a type of essay that presents arguments about both sides of an issue. It could be that both sides are presented equally balanced, or it could be that one side is presented more forcefully than the other. It all depends on the writer, and what side he supports the most. The general structure of an argumentative essay follows this format:
1. Introduction: Attention Grabber / hook, Background Information, Thesis Statement
2. Body: Three body paragraphs (three major arguments)
3. Counterargument: An argument to refute earlier arguments and give weight to the actual position
4. Conclusion: Rephrasing the thesis statement, major points, call to attention, or concluding remarks.
Prepositions:
Prepositions are the connecting words between nouns and the rest of the sentence. First 15: Quiz 11.18.19 about above across after against along among around at before behind below beneath beside between |
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SS: Southern & Eastern Asia
DESCRIPTION
Southeast Asia or Southeastern Asia is a subregion of Asia, consisting of the countries that are geographically south of Japan, Korea and China, east of India, west of Papua New Guinea, and north of Australia. Wikipedia
Countries: Indonesia, Vietnam, Thailand, Malaysia, Singapore, MORE Trending
Population: 641,775,797 (3rd)
GDP (nominal): $2.557 trillion (exchange rate)
Southeast Asia or Southeastern Asia is a subregion of Asia, consisting of the countries that are geographically south of Japan, Korea and China, east of India, west of Papua New Guinea, and north of Australia. Wikipedia
Countries: Indonesia, Vietnam, Thailand, Malaysia, Singapore, MORE Trending
Population: 641,775,797 (3rd)
GDP (nominal): $2.557 trillion (exchange rate)
SEA ENVIRONMENT: