Education in financial management should be mandatory component of the school program. To what extent do you agree or disagree with this statement, give reason and relevant example.

Education is considered an important aspect in overall development of the child, and teaching subjects which will have

impact

Suggestion

an impact

on their daily lives after school would be beneficial to both children and society as a whole, so some people are of the view that imparting financial education to children should be made

compulsory part

Suggestion

a compulsory part

of the school

ciriculumne

an integrated course of academic studies

curriculum

.

This

Linking Words

essay agrees

to

Suggestion

with

the above statement, teaching

finance

Use synonyms

to the children at the early level will have its own advantages

firstly

Linking Words

, it will see how having the knowledge of

money

Use synonyms

from the beginning would help child to

value

Use synonyms

money

Use synonyms

,

secondly

Linking Words

it will focus on how it will

this

Linking Words

learning would help them inculcate

Use synonyms

habit

Suggestion

habits

of saving. Managing

finance

Use synonyms

is crucial for both the individual and the

economy

Use synonyms

as a whole, if the child has been taught in his young age how to budget, he/she would learn to

value

Use synonyms

money

Use synonyms

and

wont

feel or have a desire for; want strongly

want

spent on lavishly on the unwanted and unworthy stuff.

For e

Suggestion

Fore

.g.

in

Suggestion

In

the recent survey conducted in the Britain children from 9 to 15 years of age were observed and it was stated that 69% of children who were taught to handle their

money

Use synonyms

independently in the form of pocket

money

Use synonyms

and were given limited

money

Use synonyms

,

Accept space

,

turned up to

value

Use synonyms

money

Use synonyms

in their adulthood and were in less debt.

Furthermore

Linking Words

, teaching

finance

Use synonyms

in school to children

,

Accept space

,

will help them inculcate the

habit

Use synonyms

of saving

,

Accept space

,

which is an important aspect in day to day life of individual,

otherwise

Linking Words

if one does not have saving

Use synonyms

habit

Accept comma addition

habit, then

then

Linking Words

they would be in great debt and in turn would take that

money

Use synonyms

in the form of loan and credit facilities form

bank which

Accept comma addition

bank, which

will have high risk of repayment looking to their budgeting

habit

Use synonyms

,

this

Linking Words

will lead to viscous circle as the

economy

Use synonyms

depends upon its citizens purchasing power to generate revenue and his would in turn render both

economy

Use synonyms

and individual indebted.

For e

Suggestion

Fore

.g.

I n

Suggestion

In

the recent report published by the focus magazine

,

Accept space

,

it was stated that saving

habit

Use synonyms

of people

affect

Suggestion

affects

the functioning of the

economy

Use synonyms

also

Linking Words

to an extent and countries where

finance

Use synonyms

was taught to youngster were more managed and had high living standard as compared to countries where managing

money

Use synonyms

was not taught. To conclude, having knowledge of

finance

Use synonyms

is essential for children from their early childhood and it would help them

value

Use synonyms

money

Use synonyms

and would encourage

saving

Suggestion

saving habits

the saving habit

a saving habit

habit

Use synonyms

among them which would be beneficial in their future vulnerable condition. In my opinion imparting knowledge regarding

money

Use synonyms

and budgeting

is

Suggestion

has been

very crucial since early age as it will lead to healthy

economy

Use synonyms

free of debt.