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

It is often suggested that
one
of the compulsory components of the school program should be financial
education
. I strongly agree with
this
point of view as I believe that financial aspects are a major part of
the
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daily life, even as a young individual. Each and every
one
of us has to make financial decisions concerning health,
education
, recreation and more. First of all, understanding the value of money, the way the economic system works and how to interpret the financial news and its implications is a virtue.
This
is because an individual, even a young
one
might suffer to some extent.
For example
, a child who doesn't understand the concept of money might find it difficult
in accepting
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a lavish birthday party from a simple family dinner.
Furthermore
, many adults nowadays
are lacking
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lack
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the capability of financial analysis. Quite often, the reason can be the lack of sound foundations when it comes to financial terms and concepts. Starting from an early age, building a strong background
,
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can likely prevent
such
a situation.
While
there is no question that financial
education
involves the matter of setting prices for the services and goods. It can easily turn young people into emotionless human beings. A tendency to self-centeredness and egoism might arise when
one
starts measuring from a profit-making perspective. In conclusion, financial
education
has both pros and cons. In my opinion, the advantages are more significant than the disadvantages, making financial
education
an advisable component of the school program.
Submitted by bambam.alexis on

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