Financial education should be a mandatory component of the school program. To what extent do you agree or disagree with this statement?

In some countries, many young generations are facing difficulties concerning financial problems. In my opinion, I agree that financial education should be treated as a mandatory subject at school.

The common problem for those young people is that they don't know how to manage their monetary problems well. As we can see, the moment an advertisement carry out the message," Only 20 dollars a week, with no deposits."

This is very misleading. Young ones might think that living in a debt is normal.

Mostly, children's money come from their parents. Children might not understand the importance and value of money, thus spending money without even thinking twice. They think that earning money is simple and an easy task, unfortunately, it's the other way around.

A financial education is one of the solution to this problem. Children can learn and understand the concept of using money, estimating the risk of spending money to buy something in the future. They will be able to manage money well, and spend their money wisely. Children will think twice, whether it is wise to purchase the

item before buying it.

However, financial education doesn't always have it's positive results as mentioned above. Financial education involves setting prices and value for certain goods, this can result children turning into cold-hearted beings. Meanwhile, being too egoistic and self-centered might rise when one starts to measure things from a profit-making perspective.

Overall, financial education has it's positive and negative aspects. In my opinion, the advantages are stronger than the disadvantages, therfore i agree that financial education should be treated as a important subject at school. Children will understand the importance of money and spending money in a wise way.