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Financial education should be a mandatory component of the school program. To what extent do you agree or disagree with this statement? Nowadays it is often claimed that financial education plays a vital role in growth and development of children and that they should be taught in school. However, some people believe that it is not necessary for children to learn it in at early ages and can therefore be postponed indefinitely. I, to a great extent, agree with this idea that financial education should be implemented in the school curriculum by governments. To begin with, learning about the importance of finance and its various aspects is essential for children. Only when children understand the value of money, will they control their daily expenses. Knowing about financial matters and its implications is a virtue and helps children to cope with problems that they will be facing in the future. Moreover, being familiar with basic financial matters and promotinge it them in the future create a plethora of job opportunities for them so that they will fill the demand for market needs like stock market which is growing drastically. Another significant fact which should be taken into consideration is that with the passage of time, adults due to the insecurity lose their ability to learn complicated terms and like financial concepts, so learning from early ages can help build a strong background and is likely to prevent this situation. On the basis of the points mentioned above, I am inclined to believe that although there are some schools of thought that teaching financial concepts at school is not suitable for their age, knowing about the basic concepts of finance is crucial and is the bare bones of their life.

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