IELTS Essay, topic: Financial education
Financial education
should be a mandatory component of the school program. To what extent
do you agree or disagree with this statement?
It is an obvious
fact that financial aspects are a major part of the daily life, as an
adult and even as a young individual. Each and every one of us has to
make financial decisions concerning recreation, health, education and
more. The question is whether to start with financial education as part
of school program or to postpone it for a later stage in life.
To begin with,
being able to understand the value of money, the way the economic system
works and to interpret financial news and its implications is a virtue.
Without this virtue, an individual, even a young one, might suffer to
some extent. For an example, a child who doesn’t understand the concept
of money might find it more difficult to except choosing only one
present out of more possible ones.
In addition, many
adults are lacking capability of financial analysis. Quite often, the
reason can be the lack of sound foundations or insecurity when it comes
to financial terms and concepts. Starting from an early age, building a
strong background, can very likely prevent such situation.
However, financial
education necessarily involves quantifying and setting prices and value
for services and goods. It can easily turn young people into cynical
human beings who lack emotion. Furthermore, a tendency to
self-concentration and egoism might rise when one start measuring
everything from a profit-making perspective.
In conclusion,
financial education has both pros and cons. In my opinion, the
advantages are more significant than the disadvantages, making financial
education an advisable component of the school program. The
disadvantages should be thought of as a certain price that young people
have to pay due to the characteristics of the world that we live in.
This is a wonderful
essay. It covers the task, is correctly structured, the paragraphs are
logically connected, the structure of sentences shows excellent command
of the English language. The vocabulary is fine and both spelling and
grammar are very good. See comments underlined in blue for some minor
corrections. Overall, looks like a Band 7.5 – Band 8 essay.
