Some people say that all secondary and higher secondary school students should be taught how to manage money as it is an important life skill. Do you agree or disagree with this argument?

Few people believe that high school children should be taught lessons on
money
management as it is an essential skill. I totally agree with
this
statement as it will help them to understand how to spend
money
wisely and invest them for a better
life
in future.
Students
should know where to spend and save
money
. They should be able to categorize between necessities and luxuries. For
students
’ education is of utmost priority and they need to pay tuition fees. Whereas if they utilize
money
on birthday parties or buying branded clothes it is merely a waste.
For example
, many people overspend and later realize the mistakes ,which can be avoided if they are educated on financial matters at an early age.
In addition
to that,
students
will know about
savings
, and how to multiply them by investing in proper channels for a prosperous
life
in the coming years.
Money
is the key factor to living a comfortable
life
if college
students
start
savings
at an early age they will be doing well financially.
For instance
, if we start saving at 19 years by the time, we reach 50 we will get a good amount of
savings
whereas a person who started
savings
at 30 will not be able to accumulate the same.
Thus
, people who save at early age can enjoy their
life
without much financial trouble. In conclusion, knowledge of finances at a young is always beneficial as it will help
students
to think before spending and keep them away from financial troubles by saving and investing.
Submitted by praveenareddy.p on

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