Financial intelligence is imperative to be equipped in the students at a young age; it is essential to make them self-reliant to survive financially. Some folks proclaim that admission learns to analyse literature, calculate using trigonometry and understand how photosynthesis works, but often
enlistment
is inexperienced and helpless after graduation when encountering the real world. As per my perspective, I firmly believe that recruitment should be enlightened with financial education.
The scion who gets coaching in finance will initiate to save salary from an early stage of life.
For instance
, many teenagers have a tendency of boasting and consider materialist items as the most valuable to build a reputation among their friends, and they will spend their wealth on unessential things just to show off. And if
this
mentality is not being changed at their tender age
then
when they will grow, they will be facing financial difficulty all over their activity.
That is
why making the children aware of the management of their money will be a boon for their adulthood.
In contrast
, many people argue that
this
will increase the burden on teachers and admittance, as they are already having many subjects to study and many teachers will require self-training and even after training they may not feel confident enough to impart the knowledge among heir as they are not accustomed to the subject. But these problems can be solved if financial literacy is considered as a subject of general knowledge and not being graded and the professionals who are good in financial planning are hired to literate the admission.
It is pivotal to create awareness at a young maturity about how to survive financially. As when the child comes out of school, the parents are charged hefty fees for their child's post-graduate education, having a helping hand to parents will reduce the parent's burden, and it can only make happen if the
enlistment
has built a financial literacy that will make them realise the importance and value of the hard-earned money of parents.
For instance
, the millennials who have sufficient intelligence about finance will be able to manage their student loans in the most effective way
in contrast
to others who do not have financial proficiency.
However
, at the same time, it is argued that schools should focus on academics that are necessary to excel and prosper the children's future.
For example
, subjects like mathematics, science will make the child aware of the field in which they want to make future , but if the admission is not taught how to manage their finances, they will encounter a significant problem in their future. The school that teaches
this
can help their
enlistment
to become self-supporting from the early youth of their growth.
In conclusion, financial proficiency will be useful to
enlistment
in their whole life.
Therefore
, the school shall take the initiative to add on a financial knowledge course in a curriculum and teach their students so they can become financially responsible at a young age.