Financial education should be a mandatory component of the school program. To what extent do you agree or disagree with this statement?

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It is an obvious fact that financial aspects are major part of the daily life, as an adult and even a young individual. Each and everyone of us has to make financial decisions concerning recreation, health,
education
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and basic lifestyle. The question in mind is whether to start with financial
education
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as part of
school program
Suggestion
the school program
a school program
or to postpone it for the higher
education
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stage in life.
To begin
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with, being able to understand the value of money, the way the economic system works and to interpret financial news and its implications is a virtue. Without
this
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virtue, an individual, even a young one, might suffer to some extent. For an example, a child who doesn’t understand the concept of money might find it more difficult to except choosing only one present out of more possible ones.
In addition
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, many adults are lacking
capability
Suggestion
the capability
of financial analysis. Quite often, the reason can be the lack of sound foundations or insecurity when it comes to financial terms and concepts. Starting from an early age, building a strong background, can very likely prevent
such
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situation.
However
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, financial
education
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necessarily involves quantifying and setting prices and value for services and goods. It can easily turn young people into cynical human beings who lack emotion.
Furthermore
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, a tendency to self-concentration and egoism might
rise
come into existence; take on form or shape
arise
when one start measuring everything from a profit-making perspective. In conclusion, financial
education
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has both pros and cons. In my opinion, the advantages are more significant than the disadvantages, making financial
education
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an advisable component of the school program. The disadvantages should be thought of as a certain price that young people have to pay due to the characteristics of the world that we live in.
Submitted by sahil on

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