CHICAGO Jordan 11 Shoes For Sale , Jan. 8 (Xinhua) -- Children as young as five already have distinct emotional reactions to spending and saving money, and these translate into actual, real-life spending behaviors, a study of the University of Michigan (UM) found.
In the study, UM researchers created a Spendthrift-Tightwad Scale for Children Jordan 1 Shoes For Sale , and asked 225 kids various questions about their emotional response to saving and spending.
Children were oriented along the scale based on their answers, and then researchers examined whether these emotional reactions translated into actual spending behavior when at the end of the study by giving kids a dollar to spend on toys or save.
Kids on the spendthrift end were more likely to buy and tightwad kids were more likely to save. Parents independently provided data on their child's reactions to spending and saving, and these verified the accuracy of the child's self-reports.
"We showed that, in 5-to-10-year-olds, one's emotional response to spending and saving is a useful predictor of what you do with your money Air Jordan 13 For Sale ," said study lead author Craig Smith, research investigator at the UM Center for Human Growth and Development.
Even if spendthrift-leaning children weren't crazy about an item, they were still more likely to buy it anyway.
"This is similar to adults, in that beyond how much they like the item, their emotional orientation towards spending and saving uniquely predicted if they spent or saved Air Jordan 9 For Sale ," Smith said.
Four times as many children were classified as tightwads than spendthrifts, which also holds true for adults.
Meanwhile, parents completed the adult version of the tightwad-spendthrift scale, and researchers didn't find any significant relationship between a parent and their child's placement on the scale. A study is under way to test this connection more carefully.
In the last decade, financial literacy classes in which younger kids learn about checking and savings accounts and the value of money and goods have grown in popularity. If spendthrift kids were identified early Air Jordan 11 For Sale , special interventions could help them learn to think about the negative consequences of overspending.
The study is scheduled to appear in the Journal of Behavioral Decision Making.
LAGOS, March 27 (Xinhua) -- A senior military officer in the Nigeria Army has been kidnapped by unknown gunmen in central north Kaduna State, the army said Sunday.
Spokesperson for the Nigeria Army in charge of Division 1, Col Usman Abdul, said in a statement to Xinhua that Col. Samaila Inusa was kidnapped at Kamazo Chikkun area of the state around 7:30 p.m. local time Saturday.
Inusa Air Jordan 1 For Sale , who was said to be serving with the Nigerian Army School of Infantry, Jaji, near Kaduna State, was in the company of his wife when the kidnapping occurred.
The military spokesperson said gunmen dropped off Inusa's wife, and left with him in his car and headed toward Abuja Air Jordan For Sale , the nation's capital city.
No group has by far claimed responsibility for the abduction of the senior military officer or place a ransom on him.
The abduction came barely a week when three clerics were abducted along the Kaduna-Abuja Expressway.
In his Easter message to the nation on Sunday, President Muhammadu Buhari said his administration was determined to achieve peace and security across the nation by ending the avoidable conflicts and crises that hindered national progress.
The Nigerian leader added that already the nation's security apparatus were being reformed and empowered to win the war against terrorism and other criminal activities across the country.
CAPE TOWN, March 14 (Xinhua) -- The Independent Police Investigative Directorate (IPID) has launched an investigation into the killing by police of two innocent civilians, authorities said on Monday.
The shooting took place in Kuilsriver, Cape Town Monday morning when police gave chase to a vehicle without giving fair warning before shooting and killing two McDonald's workers and injuring five others inside the car.