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Very few schoolchildren learn about the value of money and how to look after it, yet this is a critical life skill that should be taught as part of the school curriculum. Do you agree or disagree?

Very few schoolchildren learn about the value of money and how to look after it, yet this is a critical life skill that should be taught as part of the school curriculum. 6n0B
In the history of the human race, currency may be one of the most important constructs that helped build the modern human world. As a medium of exchanging goods, money was probably the key to having a world-wide common language, on which economies were based to fuel scientific inventions, cultural diversity and the general development of nations today. Some have the opinion that the modern world, however, does not seem to value personal finance, as much as it is an essential part of life, as an official part of school curriculums in many parts of the globe. This essay agrees with this notion for two main reasons, which will be detailed further below, and supports the idea of teaching money management as part of the official curriculum where possible. Positively, personal finance readies students for their future role in the economy. In particular, students will eventually be a part of the labor force and become citizens who both make and spend money. The balance of these two acts can be detrimental to the life quality of these students. Understanding the value and management of money can help them develop healthy spending habits, well-informed investment decisions and appropriate savings. As a result, monetary risks such as credit debts may not be as much of a blight to those who were financially educated, offering a chance for more fulfilling lives when financial difficulties are no longer a concern. According to the US’ National Financial Educators Council, students in the three states of Idaho, Georgia and Texas received mandatory financial education since the year 2000. Credit scores were given to these states and nearby ones that did not have mandatory financial lessons for comparison. The results revealed that third-year students of the financial education programs in said three states all received higher credit scores than those from others. This showed that financial education played a noticeable part in helping students lead an improved financial life. In turn, not being educated financially can negatively impact the lives of the young generation. Little to no financial knowledge may result in negative habits in young people such as gambling. A 2003 study of young South Australians showed a strong connection between financial illiteracy, either as a result of schooling or family education, and serious gambling problems. Habits such as this can result in unwanted financial hardships, disabling future access to basic necessities, namely work pension, personal savings, adequate healthcare, higher education and retirement funds. In turn, a lack of these types of funds can lead to a number of other social issues including higher divorce rates, family rupture and domestic abuse, as proposed by John Hope Bryant, CEO of Operation HOPE - a non-profit organization that provides financial education and empowerment to youths and adults. Therefore, it is necessary that financial lessons are taught from an early stage of education if possible. In countries where education is competently developed, basic concepts of economy and personal finance should be approached in a simple and encouraging manner to establish a healthy outlook on money for young students. In less privileged nations, however, where basic education is not yet widespread and a substantial and diverse curriculum is not yet implemented, it is understandable that financial education is not yet a top priority. Nevertheless, it should still be considered as a helpful addition to help the students of these countries understand the economy better and become greater contributors of wealth in the future. In conclusion, financial education can positively affect the spending habits of young students when they eventually grow up. A more balanced earning/spending ratio offers vastly more positive prospects on life. Vice versa, those without proper knowledge of monetary management can develop negative money habits and consequently encounter more social difficulties themselves. It is highly advised that both developing and developed countries consider implementing financial lessons as an official part of their education program for both the personal and national economic advantages they might create.
In the history of the human race, currency may be one of the most
This phrase/word is too simple and can be replaced with:
important
constructs that
This phrase/word (depending on the context) can be potentially replaced with :
helped
build the modern human world. As a medium of exchanging
This phrase/word (depending on the context) can be potentially replaced with :
goods
,
You use this word too often, consider replacing it with
money
was
probably
the key to having a world-wide common language, on which
You use this word too often, consider replacing it with
economies
were based
to fuel scientific inventions, cultural diversity and the general development of nations
This phrase/word (depending on the context) can be potentially replaced with :
today
.
This phrase/word is too simple and can be replaced with:
Some
have the opinion that the modern world,
however
, does not seem to value
You use this word too often, consider replacing it with
personal
finance, as much as it is an essential
You use this word too often, consider replacing it with
part
of life, as an official
You use this word too often, consider replacing it with
part
of school curriculums in
This phrase/word is too simple and can be replaced with:
many
You use this word too often, consider replacing it with
parts
of the globe. This essay
This phrase/word (depending on the context) can be potentially replaced with :
agrees
with this notion for two main reasons, which will
be detailed
further
below, and supports the
This phrase/word (depending on the context) can be potentially replaced with :
idea
of teaching
You use this word too often, consider replacing it with
money
management as
You use this word too often, consider replacing it with
part
of the official curriculum where possible.

Positively
,
You use this word too often, consider replacing it with
personal
finance readies
You use this word too often, consider replacing it with
students
for their future role in the
You use this word too often, consider replacing it with
economy
.
In particular
,
You use this word too often, consider replacing it with
students
will
eventually
be a
You use this word too often, consider replacing it with
part
of the labor force and become citizens who both
This phrase/word (depending on the context) can be potentially replaced with :
make
and spend
You use this word too often, consider replacing it with
money
. The balance of these two acts can be detrimental to the life quality of these
You use this word too often, consider replacing it with
students
. Understanding the value and management of
You use this word too often, consider replacing it with
money
can
This phrase/word (depending on the context) can be potentially replaced with :
help
them develop healthy spending
You use this word too often, consider replacing it with
habits
, well-informed investment decisions and appropriate savings. As a
You use this word too often, consider replacing it with
result
, monetary
This phrase/word (depending on the context) can be potentially replaced with :
risks
such as credit debts may not be as much of a blight to those who were
financially
educated, offering a chance for more fulfilling
This phrase/word (depending on the context) can be potentially replaced with :
lives
when
You use this word too often, consider replacing it with
financial
difficulties are no longer a concern. According to the US’ National
You use this word too often, consider replacing it with
Financial
Educators Council,
You use this word too often, consider replacing it with
students
in the three states of Idaho, Georgia and Texas received mandatory
You use this word too often, consider replacing it with
financial
You use this word too often, consider replacing it with
education
since the year 2000. Credit scores were
This phrase/word (depending on the context) can be potentially replaced with :
given
to these states and nearby ones that did not have mandatory
You use this word too often, consider replacing it with
financial
lessons for comparison. The
You use this word too often, consider replacing it with
results
revealed that third-year
You use this word too often, consider replacing it with
students
of the
You use this word too often, consider replacing it with
financial
You use this word too often, consider replacing it with
education
programs in said three states all received higher credit scores than those from others. This
This phrase/word (depending on the context) can be potentially replaced with :
showed
that
You use this word too often, consider replacing it with
financial
You use this word too often, consider replacing it with
education
played a noticeable
You use this word too often, consider replacing it with
part
in helping
You use this word too often, consider replacing it with
students
lead an
This phrase/word (depending on the context) can be potentially replaced with :
improved
You use this word too often, consider replacing it with
financial
life.

In turn, not
being educated
financially
can
negatively
impact the
This phrase/word (depending on the context) can be potentially replaced with :
lives
of the
You use this word too often, consider replacing it with
young
generation.
This phrase/word is too simple and can be replaced with:
Little
to no
You use this word too often, consider replacing it with
financial
knowledge may
You use this word too often, consider replacing it with
result
in
This phrase/word is too simple and can be replaced with:
negative
You use this word too often, consider replacing it with
habits
in
You use this word too often, consider replacing it with
young
This phrase/word (depending on the context) can be potentially replaced with :
people
such as gambling. A 2003 study of
You use this word too often, consider replacing it with
young
South Australians
This phrase/word (depending on the context) can be potentially replaced with :
showed
a strong
This phrase/word (depending on the context) can be potentially replaced with :
connection between
You use this word too often, consider replacing it with
financial
illiteracy, either as a
You use this word too often, consider replacing it with
result
of schooling or family
You use this word too often, consider replacing it with
education
, and serious gambling problems.
You use this word too often, consider replacing it with
Habits
such as this can
You use this word too often, consider replacing it with
result
in unwanted
You use this word too often, consider replacing it with
financial
hardships, disabling future access to
Consider using "necessities".
basic necessities
,
namely
work pension,
You use this word too often, consider replacing it with
personal
savings, adequate healthcare, higher
You use this word too often, consider replacing it with
education
and retirement funds. In turn, a lack of these types of funds can lead to a number of other social issues including higher divorce rates, family rupture and domestic abuse, as proposed by John Hope Bryant, CEO of Operation HOPE
Consider using an m-dash if you do not want to join two words.
-
a non-profit organization that provides
You use this word too often, consider replacing it with
financial
You use this word too often, consider replacing it with
education
and empowerment to youths and adults.

Therefore
, it is necessary that
You use this word too often, consider replacing it with
financial
lessons
are taught
from an early stage of
You use this word too often, consider replacing it with
education
if possible. In countries where
You use this word too often, consider replacing it with
education
is
competently
developed, basic concepts of
You use this word too often, consider replacing it with
economy
and
You use this word too often, consider replacing it with
personal
finance should
be approached
in a simple and encouraging manner to establish a healthy outlook on
You use this word too often, consider replacing it with
money
for
You use this word too often, consider replacing it with
young
You use this word too often, consider replacing it with
students
. In less privileged nations,
however
, where basic
You use this word too often, consider replacing it with
education
is not
yet
widespread and a substantial and diverse curriculum is not
yet
implemented, it is understandable that
You use this word too often, consider replacing it with
financial
You use this word too often, consider replacing it with
education
is not
yet
a top priority.
Nevertheless
, it should
still
be considered
as a helpful addition to
This phrase/word (depending on the context) can be potentially replaced with :
help
the
You use this word too often, consider replacing it with
students
of these countries understand the
You use this word too often, consider replacing it with
economy
better and become greater contributors of wealth in the future.

In conclusion
,
You use this word too often, consider replacing it with
financial
You use this word too often, consider replacing it with
education
can
positively
affect the spending
You use this word too often, consider replacing it with
habits
of
You use this word too often, consider replacing it with
young
You use this word too often, consider replacing it with
students
when they
eventually
grow up. A more balanced earning/spending ratio offers
vastly
more
This phrase/word is too simple and can be replaced with:
positive
prospects on life. Vice versa, those without proper knowledge of monetary management can develop
This phrase/word is too simple and can be replaced with:
negative
You use this word too often, consider replacing it with
money
You use this word too often, consider replacing it with
habits
and
consequently
encounter more social difficulties themselves. It is
highly
advised that both developing and
This phrase/word (depending on the context) can be potentially replaced with :
developed countries
consider implementing
You use this word too often, consider replacing it with
financial
lessons as an official
You use this word too often, consider replacing it with
part
of their
You use this word too often, consider replacing it with
education
program for both the
You use this word too often, consider replacing it with
personal
and national economic advantages they might create.
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IELTS essay Very few schoolchildren learn about the value of money and how to look after it, yet this is a critical life skill that should be taught as part of the school curriculum.

Essay
  American English
5 paragraphs
657 words
6.0
Overall Band Score
Coherence and Cohesion: 6.0
  • 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: 6.5
  • 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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