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

Capital

management

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plays a vital role in today’s materialistic world;

therefore

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, many parents believe that children should take basic financial lessons along with their regular academic studies. I strongly agree with

this

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argument that young people should learn about

money

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management

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issues in schools. Over the past few decades, monetary challenges have become a crucial

part

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of our lives. Many people who get to learn on how to spend, invest and save

money

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rarely find themselves in financial predicaments despite what their salaries bring in.

Such

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skills

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are often inculcated through family and teachers. Those who lack these

skills

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often find themselves with insufficient funds no matter how much their jobs pay them. They never learn to develop their assets.

For instance

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, the earnings are mostly spent on their liabilities leaving them with paltry savings and

consequently

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, rendering them to depend on their jobs for the rest of their lives as it is their only source of income. If financial

management

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is taught as

part

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of students’ curriculum, all the children will get a chance to learn

such

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skills

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. They will grow up to have more knowledge of finance and monthly budget.

As a result

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, they will have a better perspective while making financial decisions.

This

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will eventually lead to a more stable, enriched and self-reliant society. Lessons learned in schools

last

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for a lifetime and

that is

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why teaching

money

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management

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to the younger generation is so vital. To conclude, earning

money

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may not be the goal in life

however

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it is the

money

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that provides basic needs and a sense of security. Learning the

skills

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to value and manage

money

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is a major

part

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of life.

Therefore

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, I believe that lessons in financial

management

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should be made a

part

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of the school curriculum so that more and more students can have a financially stable future.