Youngpeopleareperhapsbetter-knownforspendingmoneythansavingit.Butsomenewbankingwebsitesareseekingtochangethat.Thesewebsitesofferyoungpeopletheinformationandtoolstheyneedtowatchovertheirmoney.Thewebsitesalsolettheuserssharetheirfinancialexperienceswithotheryoungpeople.

Nineteen-year-oldAlixScotthasbeenworkingatastorethissummer.Sheissavingmoneytopayforcollegenextyear.“Ihavetosaveforallmycollegemoneybecausemyparentscan’taffordtoco-signonloans.SoIhavetorelyonmyownsavings.”

ButinsteadofputtinghermoneyinalocalbankMissScottbeganusingSmartyPigaweb-basedbankingservice.

SmartPigwasdevelopedbyMichaelFerrariwithafriendin2007.ItisreallyallabouthelpingpeoplesaveforveryspecificgoalssuchasaweddingavocationoranIPhone.

MICHAELFERRARIsaid:“Forexampleyouwanttosavefivethousanddollarsforavacationinthreeyears.SmartyPigwillactuallycalculatehowmuchmoneyyouneedtosaveeverymonth.Youdon’thavetomovefromyourexistingbankwe’llactuallygoinandwithdrawthosefundsonthedayyouspecifyeverymonthandwe’llputitintoyourSmartyPigaccountwhereit’llearninterestaswell.”

SmartyPigalsoenablesoutsiderstoaddmoneytotheaccountsofitsusers.“Perhaps aholidayiscominguporyourbirthdayiscomingupandratherthangettingagiftyourfriendsyourfamilycanactuallycontributetoanyofyourSmartyPiggoals.”Mr.Ferrarisaid.Hebelievesthatastechnologycontinuestodevelopmoreandmorepeoplewillusetheelectronicbankingsites.

AgrowingnumberofyoungpeoplehaveshownaninterestinonlinebankingsiteslikeSmartyPig.Theysaytheyliketheeaseofoperationandservicesthesitesoffer.Thesepersonalfinancewebsitesoffertoolsthathelpusersfollowtheirspendingsetupabudgetandcombinetheirinvestments.Andtheyallinvolvesocialmediawhichinterestsyoungadultswhoarealreadyateaseaboutsharingtheirpersonalinformationonline.

29.WhichofthefollowingisTRUEofAlixScott?

A.Shecan’taffordhercollegeeducation.

B.Shehasreceivedastudentloan

C.Sheprefersonlinebankingservicestolocalbanks.

D.Shehasbeenworkingpart-t