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Very few school children learn about the value of money


You should spend about 40 minutes on this task.

Present a written argument or case to an educated reader with no specialist knowledge.

Write about the following topic:

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

Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Write at least 250 words.

Sample Answer:

In today’s society, the value of money and how to manage it effectively is an essential life skill that is often overlooked in the school curriculum. I strongly believe that teaching children about the importance of money and how to look after it should be a fundamental part of their education.

First and foremost, understanding the value of money from a young age can help children develop responsible spending habits. By learning about the concept of earning, saving, and budgeting, students can gain a better understanding of the effort and hard work that goes into earning money. This, in turn, can instill a sense of responsibility and discipline when it comes to managing their finances in the future.

Furthermore, teaching children about money can also help them make informed financial decisions as they grow older. With the rise of consumerism and easy access to credit, many young adults find themselves in debt due to poor financial management. By educating students about the basics of money management, such as the importance of saving, avoiding unnecessary debt, and making wise investment choices, we can help them avoid potential financial pitfalls in the future.

Moreover, learning about money can also empower children to become financially independent and secure. By equipping them with the knowledge and skills to make sound financial decisions, we can help them build a strong foundation for their future financial well-being. This can ultimately lead to a more financially stable and prosperous society as a whole.

In conclusion, I firmly believe that teaching children about the value of money and how to look after it is a crucial life skill that should be integrated into the school curriculum. By providing them with the necessary knowledge and skills to manage their finances effectively, we can help them become responsible and financially savvy individuals in the future. It is imperative that educators and policymakers recognize the importance of financial education and take proactive steps to incorporate it into the school curriculum.

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