Schools should include financial education as a necessary subject in their curriculum. This essay agrees with the aforementioned statement completely because of the benefits it brings to pupils. This essay will first, discuss that it will help students to learn how to manage their day-to-day expenses and further, it will look at how students will acquire the knowledge to take mature financial and investment decisions.
Imparting erudition about finances is very beneficial for school students as they will learn from a very early age about how to take care of their costs. This is to say, children educated by the teachers about finance will not only learn about the importance of saving money but also how to spend it wisely. As a result, they will develop a habit of savings and spending money in purchasing necessary and useful things rather than on unnecessary and unproductive goods and games. To elucidate, a recent study by The Times on March 2019 showed that more than 80 percent of school students when taught the usefulness of money management, were more capable of taking care of their daily expenses.
Apart from this, teaching students about fiscal management will help them to develop the understanding and knowledge of how to take financial decisions. IN other words, children will have the ability and thinking level about the various schemes and options such as children's welfare schemes and kids saving bank account where the money can be invested and huge returns can be generated. To exemplify, a recent study by The New York Times showed that more than 60 percent of children after being taught about the importance of money invest their savings in children schemes.
To conclude, conveying knowledge about fund administration and management to school pupils is essential because in my opinion, I vehemently agree that they will learn to take care of their spendings and will take mature monetary decisions.
Schools
should include financial education as a necessary subject in their curriculum. This essay
agrees
with the aforementioned statement completely
because
of the benefits it brings to pupils. This essay will
first
, discuss that it will
help
students
to
learn
how to manage their day-to-day expenses and
further
, it will look at how
students
will acquire the knowledge to take mature financial and investment decisions.
Imparting erudition about finances is
very
beneficial for
school
students
as they will
learn
from a
very
early age about how to take care of their costs. This is to say,
children
educated by the teachers about finance will not
only
learn
about the importance of
saving
money
but
also
how to spend it
wisely
.
As a result
, they will develop a habit of
savings
and spending
money
in purchasing necessary and useful things
rather
than on unnecessary and unproductive
goods
and games. To elucidate, a recent study by The Times on March 2019
showed
that more than 80 percent of
school
students
when taught the usefulness of
money
management, were more capable of taking care of their daily expenses.
Apart from this, teaching
students
about fiscal management will
help
them to develop the understanding and knowledge of how to take financial decisions.
IN other words
,
children
will have the ability and thinking level about the various schemes and options such as children's welfare schemes and kids
saving
bank account where the
money
can
be invested
and huge returns can
be generated
. To exemplify, a recent study by The New York Times
showed
that more than 60 percent of
children
after
being taught
about the importance of
money
invest their
savings
in
children
schemes.
To conclude
, conveying knowledge about fund administration and management to
school
pupils is essential
because
in my opinion, I
vehemently
agree
that they will
learn
to take care of their
spendings
and will take mature monetary decisions.