Financial education
should be a mandatory component of the school program. To what extent do you
agree or disagree with this statement?
It is an obvious fact that
financial aspects are a major part of the daily life, as an adult and even as a
young individual. Each and every one of us has to make financial decisions
concerning recreation, health, education and more. The question is whether to
start with financial education as part of school program or to postpone it for
a later stage in life.
To begin with, being able to
understand the value of money, the way the economic system works and to
interpret financial news and its implications is a virtue. Without this virtue,
an individual, even a young one, might suffer to some extent. For an example, a child who doesn’t
understand the concept of money might find it more difficult to except choosing only one present out of more
possible ones.
In addition, many adults are
lacking capability of financial analysis. Quite often, the reason can be the
lack of sound foundations or insecurity when it comes to financial terms and
concepts. Starting from an early age, building a strong background, can very
likely prevent such situation.
However, financial education
necessarily involves quantifying and setting prices and value for services and
goods. It can easily turn young people into cynical human beings who lack
emotion. Furthermore, a tendency to self-concentration and egoism might rise
when one start measuring everything from a
profit-making perspective.
In conclusion, financial
education has both pros and cons. In my opinion, the advantages are more
significant than the disadvantages, making financial education an advisable
component of the school program. The disadvantages should be thought of as a
certain price that young people have to pay due to the characteristics of the
world that we live in.
This is
a wonderful essay. It covers the task, is correctly structured, the paragraphs
are logically connected, the structure of sentences shows excellent command of
the English language. The vocabulary is fine and both spelling and grammar are
very good. See comments underlined in blue for some minor corrections. Overall,
looks like a Band 7.5 – Band 8 essay.
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