Financial management is one attribute that everybody needs to acquire. It is required for the day to day management of our governments, businesses and homes. Because of it' s importance, most people are advocating that it becomes a compulsory part of the school curriculum. However, I disagree with this view. This is because, it is a skill that can be learnt in the course of life and also, it will limit students from taking other subjects that might be of interest to them.
First, financial management qualities are what one can learn through daily activities. Starting from childhood, one begins to study how to manage finances by running errands for parents and relatives as well. As the person grows older, his involvement with money matters grows as well, and during college, parents give their wards the money to pay for their school fees, buy textbooks and manage their feeding. With this kind of involvement, the child is trained to prioritize, and if the fund is mismanaged, he suffers for it. The skills acquired through this kind of learning is more than what anybody can gain from any financial studies.
In addition, if financial education is made compulsory, it knocks off the possibility of a student taking one other course that might make a difference in his life. This course that is the forgone alternative might be the defining factor in the child' s life. For example, when I was in the university, I had an option to take an elective while studying history. I had so much zeal in computer science that I chose a course in the field. Since graduation, I have gone on to break grounds in the subject and have two papers that I' m about to publish in the field. If during my tertiary education, financial education was not optional, probably, I would not have had the opportunity to do the works I have done in this field.
In conclusion, while the gains of financial studies is appealing, making it compulsory in the school curriculum will imply limiting our students to the number of options they can take. It is a quality that requires practical experience and the best way to acquire it is through real life experience.
Financial
management is one attribute that everybody needs to acquire. It
is required
for the day to day management of our
governments
, businesses and homes.
Because
of
it&
#039; s importance, most
people
are advocating that it becomes a compulsory part of the school curriculum.
However
, I disagree with this view. This is
because
, it is a
skill
that can be
learnt
in the
course
of
life
and
also
, it will limit students from taking other subjects that might be of interest to them.
First
,
financial
management qualities are what one can learn through daily activities. Starting from childhood, one
begins
to study how to manage finances by running errands for parents and relatives
as well
. As the person grows older, his involvement with money matters grows
as well
, and during college, parents give their wards the money to pay for their school fees,
buy
textbooks and manage their feeding. With this kind of involvement, the child
is trained
to prioritize, and if the fund
is mismanaged
, he suffers for it. The
skills
acquired through this kind of learning is more than what anybody can gain from any
financial
studies.
In addition
, if
financial
education
is made
compulsory, it knocks off the possibility of a student taking one other
course
that might
make
a difference in his
life
. This
course
that is
the forgone alternative might be the defining factor in the
child&
#039; s
life
.
For example
, when I was in the university, I had an option to take an elective while studying history. I had
so
much zeal in computer science that I chose a
course
in the field. Since graduation, I have gone on to break grounds in the subject and have two papers that
I&
#039; m about to publish in the field. If during my tertiary education,
financial
education was not optional,
probably
, I would not have had the opportunity to do the works I have done in this field.
In conclusion
, while the gains of
financial
studies is appealing, making it compulsory in the school curriculum will imply limiting our students to the number of options they can take. It is a quality that requires practical experience and the best way to acquire it is through real
life
experience.