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CHICAGO Cedric Ogbuehi Jersey , 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 Nick Vigil Jersey , 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 Josh Malone Jersey ,"" 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 Carl Lawson Jersey ,"" 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 Jordan Willis Jersey , 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.



" " A Syrian government soldier controls a drone to investigate the rebel-held area in Aleppo, Syria on Dec. 18, 2016. (XinhuaYang Zhen)

MOSCOW, Jan. 9 (Xinhua) -- The Russian Defense Ministry denied Tuesday a U.S. Defense Ministry statement that drones involved in a recent attempt to bomb Russian military facilities in Syria employed easily accessible technologies.


On Saturday, terrorists attempted to attack Russia's Hmeymim and Tartus military bases in Syria with 13 drones Joe Mixon Jersey , which were captured or destroyed by Russian servicemen.


On Monday, the Russian defense ministry issued a statement saying that engineering solutions used by terrorists in the attack ""could be obtained only from one of the countries that possess high technological capabilities.""


However, U.S. Defense Department spokesman Adrian Rankin-Galloway said Monday the drones used in the attack were ""readily available on the market,"" according to Russian official RIA Novosti news agency report.


""The pentagon statement does not only cause our concern, but it also raises legitimate interest John Ross Jersey , what technologies are involved, where this 'market' is located and which special services there trade space intelligence data,"" the Russian ministry said in its Tuesday's statement.


Moscow began military operations against terrorist groups in Syria at the request of Damascus in September 2015. With the support of the Russian air strikes, the Syrian government has retaken most of its territories previously seized by the Islamic State (IS) terrorist group.


Given the victory on the ground, Russia began a partial withdrawal of its troops in Syria early last month under the order of President Vladimir Putin.


Russia said it will keep the Hmeymim and Tartus bases in case of the reemergence of terrorists.



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