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Discussion

Band 5+: Some people think that schools should teach students how to manage money because it is an important life skill. Others believe that this should be taught at home by parents. Discuss both views and give your own opinion.

Note: Both the topic and the essay were created by one of our users.

Some people debate about financial education for children should be taught at educational institution, but there are some opinion exists that this responsibility should be taken care of by parents. In this case, I strongly believe that the financial education should be taken care of by educational institution.

First of all, we need to address that finance is the part and parcel of our life. That is why, everyone needs to educate themselves from the early stage of their life. So that everyone can manage their finance through out their whole life. For that we have to educate our children first. If we observer our daily life trends, children spend significant amount of time of their whole day in the school. And they get very little amount of time to spend with their parents. So children have more time and oppourtunity at the school rather than parents. And also if we compare the quality of teaching between educational institution and parents, the educational institution will be far more ahead in this race. Because the educational institution has many qualified personnel who are specialized in this matter. They can educate children in a very structured way with a lot of practical activities which sometimes parents could not provide for lack of knowledge. Sometimes in educational institution finance management courses are designed by the teachers for the the children in a very funny way that children that children enjoy this heavy and boring subject. In some cases, these institutions arrange some business fair for children, hence the children can learn about finance in the lense of business eye. These type of oppourtunities of learning can not be created by parents because they had to maintain the other major events of their life.

In the end, it can be said that if the educational institution takes the responsibility to educate the children, it would better for children rather than the parents.

Word Count: 318

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