Saving Habits of Children

Most parents in Hong Kong are not ___(31)___ enough attention to the way children spend pocket money, according to researchers who say youngers should ___(32)___ how to manage their personal finances.

• paying ; be taught

• focussing ; be teaching

• putting ; been taught

• getting ; have taught

A survey by the Hong Kong Council of Early Childhood Education and Services highlighted the ___(33)___ of more than six out of ten parents to teach their children how to handle money, researchers said.

• failure

• chance

• success

• weakness

60 per cent of 1682 primary students who were interviewed said their parents did not give them pocket money regularly. But ___(34)___ they asked for it, they ___(35)___ more than they needed, the youngsters said.

• ever ; are being given

• even ; would have been given

• while ; were given

• when ; were given

Sixty-three per cent of the youngsters said their parents did not ___(36)___ how they used the money.

• concern

• care

• look

• think

Forty-three per cent ___(37)___ more than $1,000 in lai-see during the Lunar New Year.

• awarded

• earned

• profited

• received

Most youngsters did not know that lai-see is ___(38)___ to represent a blessing from their elders.

• made

• meant

• aimed

• needed

More than 80 per cent of parents left it ___(39)___ to their children to decide what to do with the money.

• up

• behind

• back

• over

Seventy per cent of the children said they would save their lai-see money, ___(40)___ half of the respondents had already opened a bank account.

• but

• while

• instead

• because

The children ___(41)___ generally spent their money on snacks, stationary, toys and computer games.

• were surveyed

• to be surveyed

• surveyed

• had been surveyed

The survey also found that 42 per cent did not appreciate the value of money, 13 per cent believed money allowed them to do ___(42)___ they liked and 36 per cent compared it ___(43)___ a daily necessity such as food or water.

• which ; on

• whichever ; to

• anything ; to

• some ; about