Mind map

Oral Presentation:Teach your children how to save and spend wisely

Suk Yin Chow S2 TSA English

Map content

(1) When children are young,
- take them to shopping trips
  - to learn to spend money wisely
  - give allowance + put it in a jar
    - to see how savings grow
(2) When children go to middle school
- Open a savings account
  - to earn some interest
  - help them plan monthly budget
    - monitor but not manage
      - to learn from their mistakes
(3) When children are old enough
- have checking account
  - to understand the difference between short and long term goals
Format
- Beginning: Good morning, everyone. I am Chris Wong.
  - I am going to give some advice to parents about teaching their children how to save and spend wisely
    - Ending: That's all I want to say. Thank you.