Very few schoolchildren learn about the value of money and how to look after it, yet this is a critical life skill that should be taught as part of the school curriculum. Do you agree or disagree?

The ability of spending

money

wisely is a valuable

life

skill that everybody should learn. It is a matter of debate whether schoolchildren should be taught

this

skill as a part of their curriculum.

This

essay will present why it is crucial to teach young children how to deal with

money

wisely.

First

and foremost, children have the ability to learn, absorb and adapt to new skills easier than adults.

In other words

, teaching children the importance of

money

and how to spend it properly will help them to have the

habit

of wise spending early in their

life

and

hence

, it will be easier to keep

this

habit

in their adulthood.

For instance

, children who think about the price of an item before buying it and whether or not it is necessary or not will find it easier to do the same when they grow up unlike the children who don’t know the value of

money

and ask their parents to buy them whatever they need who will find it quite difficult to manage spending properly when they are adults. So, learning

this

skill at school makes it a fixed

habit

.

Secondly

, not only does learning the appropriate way of spending

money

makes it a

habit

in adulthood, but it

also

teaches children other valuable skills

such

as planning and calculation.

For example

, in order to spend

money

wisely, one need to plan and calculate how to make a certain amount of

money

sufficient for a specific period of time and manage spending according to that.

Although

some of these skills can be advanced for young children to learn, but they will improve gradually as they grow up and reap the rewards of learning multiple essential

life

skills. To summarise,

although

children should enjoy their childhood without concern about critical

life

matters, it is,

however

, significant to have, at least, the basic skills of spending

money

and its value as a part of a school education programme to gradually prepare them for the future.