Financial education should be a mandatory component of the school program

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 IELTS Academic Essay Answers - #2047
Question:
Financial education should be a mandatory component of the school program. To what extent do you agree or disagree with this statement?
Answer 1
It is obvious that financial aspects are a significant part of daily life as an adult and even as a young individual...

To begin with, understanding the value of money, the way the economic system works, and interpreting financial news and its implications is a virtue...

In addition, many adults lack the capability of financial analysis. The reason can often be the lack of sound foundations or insecurity regarding financial terms and concepts...

However, financial education necessarily involves quantifying and setting prices and values for services and goods...

In conclusion, financial education has both pros and cons. The advantages outweigh the disadvantages, making financial education an advisable component of the school program...
Band: 7.5
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Answer 2
We argue that financial education should be a mandatory component of the school program because of the financial aspects of our lives...

To begin with, many believe that implementing monetary education in school programs will disadvantage many students because it might not be their suitable age to understand business education...

On the other hand, the same education could have many advantages if taught during school days. As it is undeniable that money plays a vital role in today's modernized world, students must develop their commercial knowledge from an early age...

In conclusion, I somewhat believe that financial education in school programs is crucial as it promotes the students' ability to understand and implement daily business environments...
Band: 6.5
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Word Statistics
GroupWord NumberDistinctPercent
All Words26113451%
Top 300 Words135 (51%)56 (41%)41%
300 - 1000 Words48 (18%)30 (22%)62%
Over 1000 Words78 (29%)48 (35%)61%
Other Comments (vasdawnsagar)
Link Words: 19 (including link phrase: 1)
Sentences: Number: 12; Average Length: 141 characters; Words/Sentence: 21
Suggestions:
IELTS Essay Format:
-You should avoid using common words repeatedly, and show your grammatical range and accuracy as possible. The essay has education(9), school(9), and(7), that(5), financial(5), should(4), students(4); try to decrease duplicated words.
-High-ratio basic sight words may degrade your writing; suggest rephrasing some.
-Suggest using a few rare or uncommon words to demonstrate your vocabulary range and level.
Answer 3
Learning how to manage money as an adult is essential, a skill many lack. That is because not enough focus is diverted to financial education in schools...

While growing up, children do not learn about tax, investment, banking, savings, or the payment of bills...

A country's economy also expands as money-managing skills are taught to students. Often, teenagers prefer a part-time job while studying as it makes them independent from their parents...

In conclusion, both students and employers benefit from teaching pupils financing. Children can learn imperative skills regarding paying taxes and managing income while saving money for future endeavors...
Band: 6
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Answer 4
The board of education should include the study of the economy in the school curriculum as a compulsory subject...

Business plays a crucial role in the nation's worth and determines the prices of day-to-day commodities...

In addition, understanding money is required to manage how we live in modern society. Money plays a vital role in how people live, and how to control it is where the crowd suffers...

In conclusion, I believe that including economy-related subjects in school would be highly beneficial in numerous ways and might even help improve the quality of our nation...
Band: 5.5
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