IELTS.WORK

IELTS Free Online Writing Practice - Question Some people believe that learning about personal finance is an important part of a student\'s education, while others argue that it is not necessary. Discuss both these views and give your own opinion.

IELTS.WORK Free Online Writing Practice # 1712986327

Question: Some people believe that learning about personal finance is an important part of a student's education, while others argue that it is not necessary. Discuss both these views and give your own opinion.

Model Answer:
In today's world, the importance of financial management has become increasingly evident. While some individuals assert that teaching personal finance in schools is critical for students' future success, others argue that it is not essential. This essay will examine both perspectives and present a conclusion based on the analysis.

On one hand, proponents of including personal finance education in school curriculums emphasize several key benefits. Firstly, financial literacy can help students develop good spending habits early in life. By understanding the concepts of saving, budgeting, and investing, young people can avoid falling into the debt trap that many adults experience. Additionally, financial education can contribute to a higher quality of life by teaching students how to manage their income effectively, reduce stress related to money matters, and make informed choices about borrowing and investing. Lastly, an understanding of personal finance can encourage entrepreneurship, which may lead to job creation and economic growth in the long run.

On the other hand, opponents of incorporating financial education in school argue that it is not a priority compared to core subjects such as math, science, or literature. They believe that parents, rather than schools, should be responsible for teaching their children about money matters. Some even argue that financial education is best learned through real-life experience and trial and error, rather than lectures and textbooks.

In conclusion, while it is undeniable that personal finance has become a crucial aspect of modern life, whether or not schools should be responsible for teaching this subject remains debatable. While the benefits are evident in terms of fostering financial responsibility, reducing stress, and promoting entrepreneurship, critics argue that financial education can be effectively taught outside the classroom setting. Ultimately, striking a balance between these two perspectives is key to ensuring students receive a well-rounded education that prepares them for the challenges of adult life without overburdening them with unnecessary information.

Score:
Task Response: 9
Coherence and Cohesion: 8
Lexical Resource: 8
Grammatical Range and Accuracy: 8

Source: https://www.ielts.work/?id=1712986327&page=ielts-writing-practice

For more: https://www.ielts.work/?page=ielts-writing-practice