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We are in the stage of world economy when management of finance is gaining equal importance to principles of accounting and banking. The proliferation of information and communication technology with children and young adults comprising huge consumer targets for entertainment, telecom and fast food industries necessitates individuals to learn at an early age the lessons of assets and liabilities, income and expenditure, payment and receipt, profit and loss, principal amount, interest and percentage, and loans, assets and liabilities and so on.
Banks, financial institutions and even corporations are turning out schemes aimed at children to boost their saving habits and business acumen. Parents and schools must take advantage of these schemes as part of their curriculum. These help the child understand facts and figures better, edifying his mental capacity. (Britannia Building Society).
By and large, the 8th grade students fall into the age group of 12-14 years. Except for a small percentage of say ten percent each of the brilliant students and students with learning disabilities, the larger segment of students comprise the normal, average pupils for whom learning is routine and sometimes even a bane. Nevertheless, these normal, average students have no major problem putting in the right amount of efforts to secure good, respectable results. The only possibility of something going wrong is when either something or someone becomes cause for negative attitudes to set in. In such cases, mathematics becomes the first subject to become casualty because it requires a great deal of positive concentration on the part of the student. ...
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