So I think schools should not be the primary body to teach people about financial literacy because I think in my opinion parents should be the one that should teach their kids about financial literacy if they are educated enough. Let me be clear but let’s say school is kind of an institution that teaches people about the basic thing but barely shows them how to utilize it. So there are so many instead when you the kid has the practical theoretical knowledge about that about certain stuff but when he tries to apply it in real life they kind of get stuck. So I think if the parents are educated enough this this should teach their children about how to actually save money, invest and those kind of things and yeah I think there should be a, parents should be always the first priority.
Band 7+: How important is it for students to learn about financial literacy in schools?
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So I think schools should not be the primary body to teach people about financial literacy because, in my opinion, parents should be the ones who teach their kids about financial literacy if they are educated enough. Let me be clear, schools are institutions that teach people the basics but barely show them how to utilize that knowledge. There are many instances where a child has theoretical knowledge about certain topics, but when they try to apply it in real life, they get stuck. I think if parents are educated enough, they should teach their children how to actually save money, invest, and those kinds of things. I believe parents should always be the first priority in this area.
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Speaking Time: 48 seconds