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Part 3

Band 7+: When do children begin to comprehend the value of money?

Note: Both the topic and the answer were submitted by one of our users.
86% Accuracy The overall pronunciation accuracy of your speech, reflecting how well a native speaker can comprehend it.
Polished transcript:
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I don't think there is a particular age, as it varies depending on their upbringing. Typically, children begin to understand the value of money between the ages of 5 and 7. By this age, they realize that money is needed to buy things and must be earned or saved.
Actual audio transcript (What native speakers are likely to hear):

I don’t think there is a particular age as it varies depending upon their upbringing. Typically children begin to understand the value of money between ages 5 to 7. By this age they realize that money is needed to buy things and must be earned or saved.

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Speaking Time: 20 seconds

Answers On The Same Topic:

When do children begin to comprehend the value of money?

As per my experience, that must be the first time they get used to spending them. You know kids are likely to go overboard. At the first time they start to handle it. And when not having to penny to rub together. That’s time they realize the money significance.

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