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 today’s materialistic world;

therefore

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

this

argument that young people should learn about

money

management

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

part

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

money

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

Such

skills

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

skills

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

For instance

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

consequently

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

management

is taught as

part

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

such

skills

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

As a result

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

This

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

last

for a lifetime and

that is

why teaching

money

management

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

money

may not be the goal in life

however

it is the

money

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

skills

to value and manage

money

is a major

part

of life.

Therefore

, I believe that lessons in financial

management

should be made a

part

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