In recent years, some people claim that the fact that the basic financial orientation is not being provided in schools have severe consequences on our community. They argue that economic education should be provided in schools as a mean to eradicate financial illiteracy. In my humble opinion, the statement is correct.
Throughout the western world, children spend as much as 13 years in an anachronistic education system. The school curriculum may vary from country to country, however, obligatory economical studies are still lacking. A byproduct of the decision to relinquish the option to teach finance is the fact that teaching is carried out by the child's parents. Sadly, not every parent is capable of efficiently instilling economic nous, therefore, most of our future generation remain unaware of that incredibly important subject. A prime example of the problem that we, as a society, are facing can be seen by the increasingly high number of households that continually dwell in overdraft. It can be claimed that, had they received proper education on the matter, they could have acted differently and avoided the predicament.
Moreover, just like Math should be taught by certain qualified teachers, teaching how to adequately deal with money should be done by professionals.
On the other hand, some parents claim that it is up to them to decide what sort of economic capabilities and views their child should learn. They argue that unlike math or language which can be taught in a similar fashion, regardless of the pupil's socioeconomic status, financial savviness is very objective and that by providing a certain point of view, we will produce a generation of copycats and conformists. Furthermore, who should be put in charge of such an operation? Is it the government's job or should the schools decide independently? There are a lot of questions that for the time being remain unanswered.
In conclusion, even though providing general, financial education within the school program is a controversial subject, I believe that most people will agree that it is of the utmost importance. At the moment, most children do not receive proper economic knowledge, thus they are thrown away to the world without mastering necessary skills for them to succeed.
In recent years,
some
people
claim that the fact that the basic
financial
orientation is not
being provided
in
schools
have severe consequences on our community. They argue that
economic
education
should
be provided
in
schools
as a mean to eradicate
financial
illiteracy. In my humble opinion, the statement is correct.
Throughout the western world, children spend as much as 13 years in an anachronistic
education
system. The
school
curriculum may vary from country to country,
however
, obligatory economical studies are
still
lacking. A byproduct of the decision to relinquish the option to teach finance is the fact that teaching
is carried
out by the child's parents.
Sadly
, not every parent is capable of
efficiently
instilling
economic
nous,
therefore
, most of our future generation remain unaware of that
incredibly
important
subject. A prime example of the problem that we, as a society, are facing can be
seen
by the
increasingly
high number of households that
continually
dwell in overdraft. It can
be claimed
that, had they received proper
education
on the matter, they could have acted
differently
and avoided the predicament.
Moreover
,
just
like Math should
be taught
by certain qualified teachers, teaching how to
adequately
deal with money should
be done
by professionals.
On the other hand
,
some
parents claim that it is up to them to decide what sort of
economic
capabilities and views their child should learn. They argue that unlike math or language which can
be taught
in a similar fashion
, regardless of the pupil's socioeconomic status,
financial
savviness
is
very
objective and that by providing a certain point of view, we will produce a generation of copycats and conformists.
Furthermore
, who should
be put
in charge of such an operation? Is it the
government
's job or should the
schools
decide
independently
? There are
a lot of
questions that for the time being
remain
unanswered.
In conclusion
,
even though
providing general,
financial
education
within the
school
program is a controversial subject, I believe that most
people
will
agree
that it is of the utmost importance. At the moment, most children do not receive proper
economic
knowledge,
thus
they
are thrown
away to the world without mastering necessary
skills
for them to succeed.