Despite several changes in the society in the last century, schools are still the primary place of learning for almost 90% of the World population. Educational institutions play an important role in moulding the personality of an individual. Such institutions are now expected to impart financial survival skills in their students. I strongly agree that children are to be taught these skills right from their schools. This essay will support my opinion with relevant evidences.
The rapid changes in the societal and family setup over the last two decades necessitate every individual to become independent. For example, the number of divorces is increasing aggressively and there are several kids getting admitted to foster homes. The economic security offered by a traditional family is increasingly becoming a luxury. In such cases, children are faced with a hard life right at a very young age and having the suitable knowledge to manage themselves economically becomes necessary. Schools are almost the only place of learning for children at such young age and the teachers can act as great guides to help kids manage their own finances.
On the other hand, learning to manage money earlier in life can lead to better financial discipline as adults. For instance, a man who has got a good amount of savings by doing part-time jobs from childhood is less likely to lose all that hard earned money in gambling. Further, acquiring money management practices becomes fun, when it is done along with peers. Also, there is a huge scope for such fun activities to inculcate a habit in regular life in the long term. Therefore, there are no better places than the classrooms to impart these fund management traits.
In a nutshell, human beings have been traditionally looking up to educational avenues as places of learning. Therefore, schools are the best platforms to render the most necessary financial survival skills to the coming generations, when the World is transforming rapidly. It is recommended that the concerned authority takes into consideration the importance of fund management skills for students and incorporate the same in the syllabus.
Despite several
changes
in the society in the last century,
schools
are
still
the primary
place
of
learning
for almost 90% of the World population. Educational institutions play an
important
role in
moulding
the personality of an individual. Such institutions are
now
expected
to impart financial survival
skills
in their students. I
strongly
agree
that children are to
be taught
these
skills
right from their
schools
. This essay will support my opinion with relevant evidences.
The rapid
changes
in the societal and family setup over the last two decades necessitate every individual to become independent.
For example
, the number of divorces is increasing
aggressively
and there are several kids getting
admitted to foster
homes. The economic security offered by a traditional family is
increasingly
becoming a luxury. In such cases, children
are faced
with a
hard
life right at a
very
young age and having the suitable knowledge to manage themselves
economically
becomes necessary.
Schools
are almost the
only
place
of
learning
for children at such young age and the teachers can act as great guides to
help
kids manage their
own
finances.
On the other hand
,
learning
to manage money earlier in life can lead to better financial discipline as adults.
For instance
, a
man
who has
got
a
good
amount of savings by doing part-time jobs from childhood is less likely to lose all that
hard earned
money in gambling.
Further
, acquiring money management practices becomes fun, when it
is done
along with peers.
Also
, there is a huge scope for such fun activities to inculcate a habit in regular life in the long term.
Therefore
, there are no better
places
than the classrooms to impart these fund management traits.
In a nutshell, human beings have been
traditionally
looking up to educational avenues as
places
of
learning
.
Therefore
,
schools
are the best platforms to render the most necessary financial survival
skills
to the coming generations, when the World is transforming
rapidly
. It
is recommended
that the concerned authority takes into consideration the importance of fund management
skills
for students and incorporate the same in the syllabus.