Financial education should be mandatory component of the school program. To what extent do you agree or disagree with this statement?
Introducing financial education in school is essential, though some disagree on this. Many tendto understand the value of knowledge that money and asset management brings to oneself. A person with good understanding of finance and techniques to manage it would defenitely lead the race towards prosperity.
Some strongly believe that learning of finance should come through experience, not by education. Divulging into intricacies of money and wealth at young age can set a wrong moral and motivation. Children studying finance early can become more focussed on money making rather than understanding the beauty and value of money. They may expel the idea of ethics and code of conduct and just be upbeat about filling their wallets.
Nevertheless, many believe that such criticism and cyanicism about educationg children about finance and trade at school are just as usual like other. They hold onto the fact that naysayers are always around to oppose any radical thoughts and ideas. The truth that educating the value of moneyand the deligence and vigor required to earn them are very important.However, saving their hard earned moneyand spending it wisely are quint essential.
Children with better knowledge in finance and savings can transform them into succesful money managers.It would be worth to mention about Mr. Warren Buffet, a succesful investor and wealth maker. His profound knowledge and mastery on finance today was something he started practising at younger age.
In short, introducing money concepts and techniques at schools are as important as any other studies such as science, languages etc,. It has an ability to transform a society or a country.