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Today’s schools should teach their students how to survive financially in the world today. To what extent do you agree or disagree with this statement?

Today’s schools should teach their students how to survive financially in the world today. with this statement? OVl1k
In modern world, finance has become a key skill to master for the people. A lot of people have failed to understand the criticality of financial education and have suffered from its ramification during life impacting decision making. Many of the successful people have mentioned financial awareness as one of the most vital and rewarding skill. I reckon that financial education shall start at an early age itself such that our students of today are able to make intelligent financial choices tomorrow. I fully subscribe to the idea of providing early financial education to students and in this essay, I will share some of the reasons why one needs to start and learn early when it comes to financial education. Let's understand the impact of lack of education by means of past instances. There have been plethora of cases, where young adults, have been lured into fraud financial schemes. The allurement of meteoric gains in a short time has often led people making investment into such fraud schemes. Some of the fraud schemes have pushed people on the brink of bankruptcy while some others have left no choice for people but to commit suicide. In certain cases, young adults have been coaxed into making ill-advised investments into long-term schemes offering less return but high commission to the agent. This in turn has resulted into lesser money going into the scheme and more money going into agent's account. On the other hand, if the students are provided financial education, they will be better equipped to factor financial risks while buying a policy, taking a loan, and making an investment. In conclusion, given how the financial systems have evolved over time, and how complex they have become, it is imperative for today's educational institutes to provide financial education for the students.
In modern world, finance has become a key
skill
to master for the
people
.
A lot of
people
have failed to understand the criticality of
financial
education
and have suffered from its ramification during life impacting
decision making
.
Many
of the successful
people
have mentioned
financial
awareness as one of the most vital and rewarding
skill
. I reckon that
financial
education
shall
start
at an early age itself such that our
students
of
today
are able to
make
intelligent
financial
choices tomorrow. I
fully
subscribe to the
idea
of providing early
financial
education
to
students
and in this essay, I will share
some of the
reasons why one needs to
start
and learn early when it
comes
to
financial
education.

Let
's understand the impact of lack of
education
by means of past instances. There have been plethora of cases, where young adults, have
been lured
into fraud
financial
schemes
. The allurement of meteoric gains in a short time has
often
led
people
making investment into such fraud
schemes
.
Some of the
fraud
schemes
have pushed
people
on the brink of bankruptcy while
some
others have
left
no choice for
people
but
to commit suicide.

In certain cases, young adults have
been coaxed
into making ill-advised investments into long-term
schemes
offering less return
but
high commission to the agent. This in turn has resulted into lesser money going into the
scheme
and more money going into agent's account.

On the other hand
, if the
students
are provided
financial
education
, they will be better equipped to factor
financial
risks
while buying a policy, taking a loan, and making an investment.

In conclusion
,
given
how the
financial
systems have evolved over time, and how complex they have become, it is imperative for
today
's educational institutes to provide
financial
education
for the
students
.
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IELTS essay Today’s schools should teach their students how to survive financially in the world today. with this statement?

Essay
  American English
5 paragraphs
299 words
5.5
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.5
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 5.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
  • ?
    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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