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

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An academic institute usually deals with science, arts and commerce related subjects while ignores teaching
money
management
and
this
is why it is often noticed that students who do well in school struggle while taking care of their finances in real
life
. Having said that, academic and financial intelligence cannot be seen as inherent contradictions, but they truly are two mutually independent competencies. I personally believe that
value
Suggestion
the value
of
money
and
money
management
should be taught in schools. The author of the book “Rich Dad Poor Dad” terms Financial Independence as ‘you
being
Suggestion
are
able to make your
money
work for you and not the other way around’. Students who get to learn about how to spend, invest and save
money
rarely find themselves in financial predicaments despite what their salaries bring in.
Such
skills are often inculcated through parents or by observing people who practice them.
On the other hand
, students who lack these skills usually find themselves with insufficient funds no matter how much their jobs pay them. They never learn to develop their assets. It renders
them dependents
Suggestion
them as dependents
on their jobs for
life
as it is their only source of income. The earnings are mostly spent on their
liabilities leaving
Accept comma addition
liabilities, leaving
them with paltry savings. If
money
management
is taught as a part of school curriculum, all the students will get a chance to learn
such
skills. They will grow up to have more knowledge of
money
and finance. Consecutively, they will have a better perspective while making financial decisions.
This
will lead to a more stable, enriched and self-reliant society. To conclude, I would say that earning
money
may not be the goal in
life but
Accept comma addition
life, but
it is the
money
that provides us with our basic needs and the sense of security. All these points advocate that learning the skills to value and handle
money
is definitely a crucial part of
life
.
Thus
, I believe that lessons for financial
management
should be made a part of
school curriculum
Suggestion
the school curriculum
so that more and more students can have a chance at a financially stable future.
Submitted by 裴浚基 on

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