Should finance education be mandatory component of school program essay

A good example of this vicious circle can be seen in countries such as Argentina, where people have to buy household items in the black market, because they cannot afford to buy them in regular stores due to skyrocketing prices. Every month, they receive a limited allowance from their family.

Our success in private and work life can be highly dependent on finding viable financial solutions.

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This writing is found under the following category ies :. Financial education should be a mandatory component of the school program.

Should financial literacy be taught in school essay

Also, there is an abundance of different financial products. Furthermore, a tendency to self-concentration and egoism might rise when one measuring everything from a profit-making perspective. Moreover, a lot of the information in the media and advertisement is influenced by the interests of banks or insurance companies. For example; First, in this globalized world, children often have to stay away from their parents for educational reasons. Being able to categorize them and estimate risks can be helpful but requires some training. As a result, there is one question that has been raised for ages: when is the right time to start teaching children to manage and use money. Indeed, probably they would have fewer failures and even some times bankruptcy in financial their life and could schedule more successful for their money. In addition, finance should be subject in school curriculum. Financial education should be a mandatory component of the school program. Making good financial choices is vital as it has major implications for all aspects of out life.

The same education, on the other hand, could have many advantages if taught during school days. Give reasons for your answer and include any relevant examples from your own knowledge or experience. Some people strongly support this statement while some think that it is not necessary.

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Task 2 Essay: Teaching 'Finance' at School