Very few school children learn about the value of money


WRITING TASK 2

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 financial literacy are essential life skills that are often overlooked in the school curriculum. I firmly believe that teaching children about money management from a young age is crucial for their future success and well-being.

First and foremost, understanding the value of money and how to manage it is a fundamental life skill that everyone needs. Without this knowledge, young people may struggle to make informed decisions about their finances as they grow older. By incorporating financial literacy into the school curriculum, we can empower students to make smart choices about spending, saving, and investing.

Moreover, teaching children about money at school can help to bridge the gap between different socio-economic backgrounds. Students from low-income families may not have the same exposure to financial concepts as their wealthier peers. By providing a comprehensive financial education for all students, we can level the playing field and ensure that everyone has an equal opportunity to succeed in managing their finances.

Furthermore, learning about money at school can also help to prevent future financial problems. Many adults struggle with debt and financial insecurity, often because they were never taught how to manage their money effectively. By equipping children with the knowledge and skills to make sound financial decisions, we can help them avoid these pitfalls in the future.

In conclusion, I strongly believe that teaching children about the value of money and how to look after it should be a priority in the school curriculum. By doing so, we can empower young people to make informed financial decisions, bridge the gap between socio-economic backgrounds, and prevent future financial problems. It is time to recognize the importance of financial literacy and ensure that all students have the opportunity to learn this critical life skill.


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