IELTS Free Online Writing Practice - Should schools teach financial literacy?In recent years, there has been an increasing demand financial education in schools. This essay will discuss both the advantages and disadvantages of incorporating financial literacy into the school curriculum and whether or not it is necessary to teach children these skills from a young age.

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Title: Should schools teach financial literacy?In recent years, there has been an increasing demand for financial education in schools. This essay will discuss both the advantages and disadvantages of incorporating financial literacy into the school curriculum and whether or not it is necessary to teach children these skills from a young age.


It is essential to recognize that financial literacy can have a significant impact on an individual's future financial well-being. By learning about budgeting, saving, investing, and other financial management techniques, students can make informed decisions about their personal finances in later life. As a result, schools should consider incorporating these skills into the curriculum to better prepare students for their financial future.

On the other hand, some argue that teaching financial literacy in schools may not be the most effective approach. Financial education should ideally come from a family or home environment where children can learn about money management through practical experience and observation. In many cases, parents and guardians are better equipped to teach their children financial skills than teachers who may not have expertise in this area.

Furthermore, critics argue that there are more pressing issues that should be prioritized in the school curriculum, such as core subjects like mathematics, science, and language arts. They believe that limited time and resources should be allocated to these essential areas rather than financial literacy.

In conclusion, while it is clear that financial literacy can play a significant role in an individual's future financial stability, whether or not schools should teach these skills depends on the availability of resources and the effectiveness of alternative methods for teaching financial education. It may be more beneficial to focus on strengthening family financial education rather than relying solely on schools to prepare students for their financial futures.

Overall score: Band 7 - The response demonstrates a good command of the topic with appropriate coherence and cohesion. There is evidence of a wide range of vocabulary, although some inaccuracies or inappropriacies may occur. The essay lacks a fully developed viewpoint or a balanced argument.

Task Response: Band 7
Coherence & Coherence: Band 7
Lexical Resource: Band 6.5
Grammatical Range & Accuracy: Band 6.5

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