Some people think that secondary or high school student should be taught how to use money management as a it is an important lifeskill. Do you agree or disagree with the statement?

It is important to think about how teenagers spend their

money

.

Money

management is a lesson that some people think

it

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should be taught in schools for youngsters. I agree with the notion that financial management lessons are crucial for teenagers to

success

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succeed

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as adults. There are numerous reasons for teaching the youth how to deal with

money

.

Firstly

, most of today's children are extravagant. They can not behave well with

money

. Teaching them at an early

age

,

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will instil a sense of responsibility in their minds.

Moreover

, By understanding the concept of debt and its consequences, children will develop conscious and informed decisions and will avoid being in debt in the future.

For example

, a lot of adults nowadays are surrounded by debt that they can not get out of.

This

is

due to

the lack of a correct

money

mindset.

In addition

, teaching financial behaviour to the youth at

early

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an early

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age

will enable them to know about their priorities and how to differentiate between their needs and wants which

consequently

leads to wiser spending habits.

Furthermore

,

This

will encourage entrepreneurial thinking for youngsters and they will know how to start up a business in the future.

For instance

, Most of today's entrepreneurs learn how to manage

money

from a young

age

. In conclusion, it can be reiterated that teaching teenagers from a young

age

how to spend their

money

, will have a huge impact on their adult lives in the long run. And teach them how to be entrepreneurs.