Some people think that children need to be taught at school how to use their money. Do you agree with this opinion?

Capital management plays a vital role in
this
materialistic world;
therefore
, many people think that
children
should take basic financial value lessons in the classroom along with regular academic studies. I completely agree with
this
statement and believe that young adults should learn how to manage their finances as it helps in knowing the importance of their savings as well. Over the past few decades, monetary issues have become an essential part of our lives.
Children
should be taught how to manage a budget wisely at an earlier age in
schools
.
Otherwise
, those who have never been taught basic money values in elementary or primary
schools
suffer from financial constraints when they become an adult.
For instance
, economic experts say that some adults who lack knowledge of finance-related topics may easily be allured by fancy advertisements. A lot of money is wasted on unnecessary expenses and goods
consequently
.
Furthermore
, if
children
do not cultivate good habits to allocate their pocket money, they may run out of them in a short period of time. On the other side, some people deem that
schools
should put priority on arming young people with excellent academic skills. Today we live in a competitive society. If students want to get higher pay in the future, they must be good at academic capabilities and score good grades to acquire admission to a prestigious university.
Consequently
,
schools
should pay more attention to teaching
children
academic knowledge. In conclusion, financial management had not been an important topic before consumerism arose in the 1990s
however
in today’s world
children
had better acquired the ability to manage a budget by taking financial responsibility courses in
schools
. So, they can make logical decisions on finance-related topics in future.
Submitted by kg on

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