Financial education should be included as a mandatory subject in schools to prepare students for managing money effectively. To what extent do you agree or disagree?

One of the widely discussed topics in the contemporary world is that the subject of financial
literacy
should be included in school education programs. Personally, I tend to believe that these lessons would assist
students
to enhance their financial abilities, which will be useful in the
future
and broaden their horizons. To commence with, the overwhelming majority of
students
are financially dependent on their parents,
therefore
they do not pay attention to their incomes and outcomes. In the
future
these individuals face problems with controlling their
money
,
as a result
, they are likely to be left without cash.
Moreover
, if people were educated from a young age about finances, and how to leverage them mindfully, they would have a financially stable life. To take one example, a recent government survey found that 58% of poor people are suffering from the fact that their outcomes are more than their profits.
Due to
the fact that they do not distribute
money
properly and do not have financial
literacy
.
Additionally
, financial
literacy
is crucial
as well as
other STEM subjects, since it plays an essential role in everyday life. By learning about the benefits of properly allocating
money
students
can effortlessly acquire new knowledge.
Furthermore
, individuals could obtain some skills regarding the usage of
money
, because maturely leveraging can help prevent
future
issues.
For instance
,
according to
the UK's national research, graduates who were performing great in financial
literacy
subject had successful adult lives, in comparison with
students
who were not taught financial
literacy
.
To conclude
, children should be taught about
money
and
overall
finances from a young age, since it has an impact on personal development and
future
 mature life.
Submitted by dnm.best on

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Topic Vocabulary:
  • Financial literacy
  • Mandatory
  • Budgeting
  • Economic stability
  • Fiscal health
  • Credit
  • Interest rates
  • Investments
  • Curriculum
  • Informed decisions
  • Personal debt
  • Savings
  • Taxes
  • Expenditures
  • Fiscal responsibility
  • Money management
  • Financial planning
  • Economic education
  • Financial competence
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