The table illustrates data about the average of finances per month spent by consumers on a number of types of goods and social services in 5 specific nations.
Levels of consumer debt are increasing across the world. To address this, a new subject should be introduced in secondary schools: how to manage personal finances.
To what extent do you agree with this statement?
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The line graph shows the past and projected finances for a local authority in New Zealand. Summarize the information by selecting and reporting the main features and make comparisons where relevant.
Students leave high school without learning about how to manage their money. What are the reasons for this? What can be improved in students’ understanding of how to manage their finances?
Some people think that children should be educated at school about paying taxes and personal budgeting in order to help them better manage their finances when they are older.
Others think that parents should teach these things, and that children will understand taxes and how to spend money carefully through life experience in the future.
Discuss both these views and give your opinion.