Writing Task 2 Sample 14

Writing Task 2 - Sample 14: Financial Education (Band 7.5)

Financial education should be a mandatory component of the school program.
To what extent do you agree or disagree with this statement?
Although students are able to obtain numerous of benefits from learning financial
management at school, it might bring several negative effects. This essay will
assert that it is advisable to teach finance in school as an optional component or at
home rather than a compulsory subject.
There are significant advantages of financial education when people are at an early
stage of life. Firstly, children can learn and understand the concept of money that
leads to better financial management with well-planned financial decisions and
appropriated money solutions. In addition, financial education helps children
understand the important value of money and realise their parents’ difficulties to
earn it. As a result, it reminds and educates them to spend money reasonably and
plan future expenditure well in advance. This subject can be taught in a school
program to provide a strong background and deep knowledge for the youth in
terms of preparing for their future. Furthermore, parents always being good role
models for their children ordinarily, thus children may also learn managing finance
at home rather than a required subject at school. Likewise, many students who
have difficulties in study such complex subjects can study in this way.
On the other hand, being taught about money too early might affect children
negatively. Initially, the subjects of finance are more complicated and challenging
for young students to learn than simple subjects such as mathematics and history
because most finance subjects are practical and experience is needed. Moreover,
people study finance at an early stage of life that could result in measuring
everything from a profit making perspective. They may talk about money at all the


times even at home or in public areas. Consequently, children easily are obsessed
with money that negatively influence their daily lives.
In conclusion, the advantages of studying finance early outweigh the disadvantages

in many ways. The point of view in this essay is that finance can be taught at home
or be an option subject rather than a compulsory one at school.