Financial Education

Financial education should be a mandate serving of the school program. To what extent do you agree or discord with this statement? It is an obvious fact that financial aspects are a major(ip) discussion section 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 do in life.To begin with, being able to understand the value of money, the r turn oute 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 doesnt understand the concept of money might honour it more difficult to except choosing only one present out of more possible ones. In addition, many adults are lacking competency of financial analysi s.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 hurts and value for services and goods. It can tardily turn young people into cynical human beings who lack emotion.Furthermore, a tendency to self-concentration and egoism might rise when one start mensuration 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 run short in.Financial Statements