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elllo.org
Go online for the slide show, interactive quiz, and free downloadable MP3 of this interview:
 www.elllo.org:Interview #961
Hanna:
So, next week Ihave to do a debate in myfinance class.
Diego:
Oh, really, whatis your debate about?
Hanna:
Our debate topicis about whether weshould teach finance tokids, so things likeinvestment and the stockmarket. Things like tax.
Diego:
OK, and what doyou think about the topic?
Hanna:
I think it is reallyimportant that kids learnabout things like this,particularly our societythese days, where literallyeverything revolvesaround money. I mean,even when you'refourteen or fifteen, you goout and get a job and youhave to start doing thingslike paying tax, and Imean, you're gonna havesavings, and you caninvest that if you wantedto and turn that into moremoney, so even whenyou're really young I thinkit is important to know thiskind of information.
Diego:
But don't youthink that there's a lot of consequences whenyou're burdening kidsfrom ... what was it -middle school, highschool with financialresponsibilities? I meankids are kids after all.Shouldn't they be playingaround ... going to thepark instead of worryingabout the stock marketcrashing in Europe or inThe States?
Hanna:
Well, they don'thave to worry about thestock market crashing,but I think it is good if theyknow a little bit of information about it.
Diego:
But if they have allthe information every timethere's a drop in GEstocks, they're going toflip out and you know,they won't be able tosleep and you're givingkids too much to worryabout in an age theyshouldn't be worryingabout these things. It isafter all they're parents'responsibility to worryabout these things, andeventually it's going to betheir turn but I think it's just giving themsomething before theyhave to worry about it.
Hanna:
So you think junior high school is tooearly to start to startteaching kids about thiskind of stuff?
Diego:
I think so. Yeah.Especially when you'remaking it because theyhave to take responsibilityof their own moneyconsidering the fact thatthey don't even have anincome.
Hanna:
What if they dohave an income?
Diego:
Well, their incomewould be like five dollarsan hour, so I don't thinkthey'll be investinganything of that.
Hanna:
Well, you never know.
Kids andMoney
Diego and Hanna debate teaching kidsabout finance.
12345
 
elllo.org
Go online for the slide show, interactive quiz, and free downloadable MP3 of this interview:
 www.elllo.org:Interview #961
Summarize
Take notes as you listen or read the interview on the left side of the paper. Then writecomplete sentences to summarize the story in your own words. The first one is done.
 
Part 1:finance class debateteach kids--> stock market,investment, taxesimportant informationHanna is going to have a debate in her financeclass about whether kids should learn aboutinvestment, the stock market, and taxes. Shethink that is very important information forfourteen and fifteen year olds to learn.Part 2:too many responsibilitiesshould be at the parknot worrying about stocks inEurope____________________________________________________________________________________________________________________________________________________________________________________________________________________________________Part 3:____________________________________________________________________________________________________________________________________________________________________________________________________________________________________Part 4:____________________________________________________________________________________________________________________________________________________________________________________________________________________________________Part 5:____________________________________________________________________________________________________________________________________________________________________________________________________________________________________
 
elllo.org
Go online for the slide show, interactive quiz, and free downloadable MP3 of this interview:
 www.elllo.org:Interview #961
Start a Conversation: ANSWERS
Match the following questions with the responses.
 
1. Can I borrow a dollar?
___
I
ʼ
ve been paying for about 5 yearsand I will still be paying for a long time.2. Do you have change for a 20?
___
I
ʼ
m totally addicted to onlineshopping.3. How long will it take you to pay offyour student loans?
___
There are 4 of us, so if you give me$12 that
ʼ
ll also cover the tip.4. Let
ʼ
s see the bill for all the food is $40,how much do I owe?
___
I get paid by the hour.5. Do you invest any of your money instocks?
___
Yeah, I gave him $20 bucks. Why?You don
ʼ
t think he
ʼ
ll pay me back?6. Do you get paid an hourly wage or areyou on a yearly salary?
___
Let me check...5, 10, 15, 16, 17,18...sorry, I only have 18 dollars.7. Did you lend him money?
___
Yeah, his restaurant just isn
ʼ
t in agood location so it was hard to getcustomers.8. You work 60 hours a week and youare broke? How can that be?
___
Every year we have a chance to geta raise if sales are up, so I have a goodchance at the end of the year.9. Did you hear that his company wentbankrupt?
___
Luckily I took almost all of mymoney out before the market crashed.10. When do you think you
ʼ
ll get a raiseat your job?
___
Sure, here you go. You can pay meback tomorrow.
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