Very few schoolchildren learn about the value of money and how to look after it, yet this is a critical life skill that should be taught as part of the school curriculum. Do you agree or disagree?

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In today's fast-paced world, financial
literacy
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has become an essential life skill, yet it is often overlooked in the school
curriculum
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.
While
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some argue that
schools
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should focus solely on academic subjects, I believe that teaching
children
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how to manage
money
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and understand its value is equally important. In
this
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essay, I will explore both sides of the argument and explain why I strongly agree that financial
education
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should be a mandatory part of the
curriculum
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. The Importance of Financial
Education
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Firstly
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, understanding the value of
money
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and learning how to manage it is crucial in ensuring the financial independence of future generations. In many societies, financial problems are a leading cause of stress and anxiety. By equipping
children
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with basic financial skills at an early age, they are more likely to make informed decisions in adulthood, which could prevent them from accumulating excessive debt or facing financial instability. Skills
such
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as budgeting, saving, and investing are necessary to ensure that
children
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can maintain a balanced financial lifestyle, helping them lead a more secure and fulfilling life in the future.
Additionally
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, as the world becomes more consumer-driven,
children
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are exposed to advertising, marketing, and trends that encourage spending. Without financial
education
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,
children
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may lack the skills to distinguish between needs and wants, potentially leading to poor spending habits and materialistic attitudes.
Schools
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that teach the principles of saving, wise investment, and delayed gratification will not only contribute to their
students
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' financial well-being but
also
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shape more responsible and aware consumers. The Role of
Schools
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in Financial
Literacy
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Critics may argue that the primary responsibility of
schools
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should be to teach subjects that prepare
children
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for higher
education
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or professional careers. They may believe that financial
education
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is the responsibility of parents or personal experiences.
However
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, many
children
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are not exposed to proper financial guidance at home
due to
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a variety of reasons,
such
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as a lack of financial
literacy
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among parents themselves or cultural and
socio-economic
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socioeconomic
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factors. If
schools
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integrate financial
literacy
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into the
curriculum
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, it would provide a uniform foundation for all
students
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, regardless of their background.
Moreover
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, it would foster discussions and critical thinking around
money
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management, allowing
students
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to learn from one another’s experiences and share practical ideas.
For example
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, teaching
children
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how to open a bank account, manage allowances, or even start simple investment plans could demystify the concepts of finance and make them more accessible. Conclusion In conclusion, I firmly believe that financial
literacy
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should be an integral part of the school
curriculum
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. Teaching
children
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how to manage
money
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, understand its value, and practice saving and budgeting will contribute to their
overall
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well-being and personal growth. Financial
education
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is as important as academic subjects, as it prepares
children
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for the financial challenges of adulthood and fosters responsible citizenship. It is high time that
schools
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take on the responsibility of equipping
students
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with
this
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critical life skill.
Submitted by ashmamrzn on

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task achievement
Consider adding more specific examples to strengthen your points, such as real-world scenarios or statistics to provide evidence for the benefits of financial literacy in schools.
coherence cohesion
While your ideas are clear and comprehensive, ensure that each paragraph transitions smoothly with clear linkage between ideas for optimal flow.
task achievement
Your essay provides a complete and clear response to the task, thoroughly addressing the issue of financial literacy in school curricula.
coherence cohesion
The essay is well-structured with a clear introduction, body, and conclusion, presenting logical arguments and a coherent progression of ideas.
task achievement
Your explanation of how financial education can benefit children by preventing financial instability and fostering responsibility is well-articulated and convincing.

Fully explain your ideas

To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Topic Vocabulary:
  • financial literacy
  • curriculum
  • fiscal responsibility
  • money management
  • budgeting
  • saving
  • investing
  • adult population
  • financial decisions
  • educational systems
  • theoretical curriculum
  • practical life skills
  • real-life experience
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