Some people believe that children should be given lessons on how to manage money in the school. do you agree or disagree?

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Some people think that
money
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management should be taught to children in
school
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. I completely agree that when lessons on managing
money
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are introduced to tender minds of children during their
school
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, it will not only teach them the value of
money
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but
also
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help them know the importance of savings.
Firstly
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, it is
very essential to for
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very essential for
school
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children
to understand
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understand
the value of
money
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. Teachers can ask them to maintain a pocket
money
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dairy listing all their expenses for the
month which
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month, which
could be later reviewed and analysed.
This
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way they could understand the difference between necessary and useless expenditure.
For example
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, now-a-days as soon as children get pocket
money
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they either spend it on junk food or on unnecessary toys.
Instead
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of spending on eatables they use that amount to purchase their stationary items.
Thus
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, helping them in
relalizing
be fully aware or cognizant of
realizing
realising
how
money
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should be properly used and what is
it
of a thing, of it; possessive form of "it"
its
emphasis
in
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on
day to day life.
Moreover
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,
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,
savings
is
Suggestion
are
also
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an important component of
money
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management.It is to be induced in the daily habits at an early age for fruitful results.To
this
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, piggy
banks especially
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banks, especially
made for children are of great help.They allow them to make their small investments as savings which could be later utilized when needed.
For instance
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, kids can make use of their amounts saved in piggy banks when they want to buy a present for their friend's birthday party or to get something for themselves.
This
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would emphasize the role of savings in one's life and how it can be beneficial in
long run
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the long run
. To summarize
,
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,
I would say that
it
it is
it's
the best time during
school
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to teach a child about the importance of
money
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management by teaching them how to spend and how to save.
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Hence preparing
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Hence, preparing
them for a brighter future ahead.
Submitted by madhuri.shukla25 on

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Topic Vocabulary:
  • financial literacy
  • budgeting
  • savings and investment
  • financial responsibility
  • school curriculum
  • mathematics integration
  • social studies
  • debt prevention
  • credit score
  • wise financial decisions
  • parental responsibility
  • structured education
  • real-world experiences
  • internships
  • personal finance
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