Financial management is considered to be one of the vital skills in the modern world. Many people have an opinion that schools must provide basic lessons to students pertaining to this topic. I completely agree with this argument because of two reasons which will be explained below.
Firstly, learning money management starting from a young age is a great way to inculcate that skill in children. Basic skills such as saving money and spending it wisely are excellent ways to teach them how to handle the money wisely. Several studies consistently proved that the skills, people learn at their young age, withstand with them throughout their lifetime. For instance, a number of offspring saves money in piggy banks as a hobby and when they enter in adult stage, they continue this hobby by saving money in banks. Therefore, it is evident that studying financial management starting from primary schools helps people throughout their life.
Similarly, the current world is going through a critical financial crisis. Due to that, practically experienced financial professionals are in high demand in every nation. If students attain knowledge in finance from an early age, they develop and nurture their practical as well as theoretical skills in that specific field, which encourage them to consider accounting as their future career. As per a recent survey by Money magazine among 100 experts in accounting field, more than 22% of them learned the basic financial skills from their parents or teachers during their early years. Because of this, effective money management is an essential skill that must be included in the school syllabus.
To conclude, I firmly believe that basic knowledge about managing wealth should be included in school curriculum, which support them to understand the value of effective management of money. Moreover, this approach attracts many children into the field of economics that may lead to the birth of multifarious financial experts around the world.
Financial
management
is considered
to be one of the vital
skills
in the modern world.
Many
people
have an opinion that
schools
must
provide
basic
lessons to students pertaining to this topic. I completely
agree
with this argument
because
of two reasons which will be
explained
below.
Firstly
, learning
money
management
starting from a young age is a great way to inculcate that
skill
in children.
Basic
skills
such as saving
money
and spending it
wisely
are
excellent ways to teach them how to handle the
money
wisely
. Several studies
consistently
proved that the
skills
,
people
learn at their young age, withstand with them throughout their lifetime.
For instance
, a number of offspring saves
money
in piggy banks as a hobby and when they enter in adult stage, they continue this hobby by saving
money
in banks.
Therefore
, it is evident that studying
financial
management
starting from primary
schools
helps
people
throughout their life.
Similarly
, the
current
world is going through a critical
financial
crisis. Due to that,
practically
experienced
financial
professionals are in high demand in every nation. If students attain knowledge in finance from an early age, they develop and nurture their practical
as well
as theoretical
skills
in that specific field, which encourage them to consider accounting as their future career. As per a recent survey by
Money
magazine among 100 experts in accounting field, more than 22% of them learned the
basic
financial
skills
from their parents or teachers during their early years.
Because of this
, effective
money
management
is an essential
skill
that
must
be included
in the
school
syllabus.
To conclude
, I
firmly
believe that
basic
knowledge about managing wealth should
be included
in
school
curriculum, which support them to understand the value of effective
management
of
money
.
Moreover
, this approach attracts
many
children into the field of economics that may lead to the birth of multifarious
financial
experts around the world.
8.5Linking words, meeting the goal of 7 or more
8.5Repeated words, meeting the goal of 3 or fewer
8.5Mistakes