Some people think that secondary or high school students should be taught how to use money management as it is an important life skill. Do you agree or disagree with the statement?
The promotion of financial literacy is an extremely important lifelong ability that many members of society believe that should be stimulated since childhood and youth. Personally, I strongly agree with
this
statement as the level of monetary education
have been tremendously low between adults In this
essay, we will discuss the main aspects related to the teaching of the management of finances from an early age.
First
and foremost, most people have never received any counselling about the management of their finances, as well as strategies to save and invest their money
. Further
, financial literacy is, undoubtedly, a relevant topic that must be integrated into the curricular grade of schools since childhood to increase the awareness of this
subject and people do not waste their money
in the future. In many high-income countries, for example
, where classes of financial education
had integrated the curricular grade, the level of economic understanding among the citizens substantially improved. To summarize, education
about finances is a fundamental need of the population and could be considered an indicator of population development.
Moreover
, despite all improvements that the government can proportionate to its citizens, very little is exposed to their ability to manage their money
. Consequently
, many adults submit themselves to inadequate investments and business due to their inexperience and naiveness in this
subject, and as a result
,m
any of them lose all their economies. Add a space
apply
For instance
, many unprepared people have begun to invest money
on the financial market without the minimum expertise required, which led them to bankruptcy. If the government had incentivized schools to teach the youngsters about the management of their finances, we would not have experienced such
levels of financial illiteracy and therefore
many would have a better quality of life with sufficient money
for a decent life.
In conclusion, education
in finances is a crucial topic that must be included in the scholar grade of children as it represents an opportunity to enhance their knowledge about investments and it is the entral
element for improving their quality of life in the future.Correct your spelling
central
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