Financial education should be included as a mandatory subject in schools to prepare students for managing money effectively

Financial education should be included as a mandatory subject in schools to prepare students for managing money effectively.
To what extent do you agree or disagree?

Inclusion of financial education as a compulsory subject in schools is essential for equipping students with effective money management skills. This essay will argue that forcing children to have some financial courses at school would provide them with a perspective of financial analysis and will make them ready for real life after school.

To begin with, many assert that financial literacy stands as a fundamental skillset necessary for everyone. Learning these concepts before university, where studies become more specialized, could prove more advantageous. This knowledge empowers individuals to navigate financial intricacies, a vital aspect of problem-solving in our lives. For instance, understanding finance helps individuals create and stick to budgets, enabling them to allocate funds for essential needs, savings, and leisure.

Furthermore, a foundational understanding of finance can significantly impact decision-making for students' future endeavors. Acquiring financial wisdom is crucial for effective lifelong management. Additionally, possessing a background in finance enables students to assess the financial viability of potential projects, even at the university level.

As a student, I have personally integrated financial concepts into numerous course projects. Therefore, this education brought me great benefit early on in my academic journey.

To conclude, in my opinion students ought to be taught how to manage their income in schools.