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?

Including financial
education
as a compulsory lecture in
schools
is increasingly recognized as essential for preparing
students
to manage their finances in an effective way. Though there are some valid arguments opposing
this
view, I totally agree with
this
point of view and explain my viewpoints in the following paragraphs. To start with, there are numerous reasons to support financial
education
in
schools
. First and foremost, one of these factors might be encouraging financial responsibility. In
schools
, financial
education
should be added to the timetable of scholars and taught to
students
, so pupils have a chance to realize some concepts about
money
management. As an illustration, teaching financial skills from an early age can encourage them to develop responsible spending and saving habits.
This
is why, when
students
understand the value of
money
, in their future life
this
notion might give them an opportunity to know how and how much
money
they should spend on a weekly or monthly basis.
This
way, in effect, can lead to a more financially responsible generation
that is
better at managing resources and avoiding spending
money
on unnecessary items.
In addition
, empowerment in financial
education
is indispensable for preparing scholars for real-life challenges
such
as loans, taxes, credit and savings. Not only does it prepare them for future financial difficulties, but it
also
gives them a clear understanding of credit cards and loans so that they can avoid scams. Case in point, many college
students
are offered
to
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credit cards. In
this
circumstance, financial
education
prevents them from falling into debt traps, teaching scholars how interest rates work.
As a consequence
, young people can navigate these issues independently and reduce financial mismanagement.
To conclude
,
while
some people are in favour of including finance as a mandatory subject in
schools
, I strongly agree with
this
suggestion because it prepares
students
for real-world financial challenges
while
encouraging a sense of responsibility for their finances.
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example advice
Consider adding more specific examples and case studies to strengthen your argument and support your points more convincingly.
cohesion advice
Ensure all ideas within paragraphs are clearly linked and transitions are smooth to maintain a seamless flow.
introduction conclusion highlight
The essay has a clear introduction and conclusion that effectively frame the discussion regarding financial education in schools.
supporting points highlight
The main points are well-supported and convey a strong argument for including financial education in schools.

Include an introduction and conclusion

A conclusion is essential for IELTS writing task 2. It is more important than most people realise. You will be penalised for missing a conclusion in your IELTS essay.

The easiest paragraph to write in an essay is the conclusion paragraph. This is because the paragraph mostly contains information that has already been presented in the essay – it is just the repetition of some information written in the introduction paragraph and supporting paragraphs.

The conclusion paragraph only has 3 sentences:

  • Summary
  • Restatement of thesis
  • Prediction or recommendation

Example:

To summarize, a robotic teacher does not have the necessary disciple to properly give instructions to students and actually works to retard the ability of a student to comprehend new lessons. Therefore, it is clear that the idea of running a classroom completely by a machine cannot be supported. After thorough analysis on this subject, it is predicted that the adverse effects of the debate over technology-driven teaching will always be greater than the positive effects, and because of this, classroom teachers will never be substituted for technology.

Start your conclusion with a linking phrase. Here are some examples:

  • In conclusion
  • To conclude
  • To summarize
  • Finally
  • In a nutshell
  • In general

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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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