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

It is an obvious fact that financial aspects are a major part of

the

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daily life, as an adult and even as a young individual. Each and every one of us has to make decisions regarding

money

.

Thus

, it is considered by

p

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a

the

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lethora of people that financial education ought to be

a

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compulsory in the school curriculum. I

also

tend to agree with

this

notion and think that it will provide

a

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myriad benefits to both society and individual.

To begin

with, Learning about

this

subject is very beneficial for people in manifold ways. What I mean by

this

is that students can learn about the importance of

money

and spend it wisely. Nowadays, most of the youngsters waste a huge surplus of parent’s income.

For example

, in bars, clubs and by throwing parties with their friends. If school adds

this

course and teach about the saving culture and in result, many of them

thinks

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twice before investing the

money

on useless resources.

Furthermore

, the other potential advantage of

i

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nclusion of financial training in schools means that pupils to make

an

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ameliorate decisions. To illustrate, the

telegraph

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Telegraph

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newspaper reported that 60% of students in India do not know the right way to invest their income and fall into various harsh conditions. So,

that is

why

,

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it is

c

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a

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rucial aspect to familiar about the management of

money

since school days so that it assists them to make the right choice when investing wealth and

face

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faceless

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less

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fewer

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debt problems later in their life.

Moreover

, financial learning in institutions

also

provides benefit to society. The major reason for

this

is that there will be a large proportion of financially educated people in the country. To illustrate, in China, where simple financial skills are taught in schools, over 60% of the total population are able to prepare a household budget. As a consequence,

this

will bring economic advantages to a country where wasteful spending and deficits are reduced to a minimum. To conclude, financial improvement should be an eminent and a part of educational institutions because it aids juveniles to make right choices that ultimately supply profits to both individuals and society.