Opinions are divided on whether teaching value of money and its management to young children in the school or not. Despite this, it is essential to understand the value of money is for future wealth while only merely young students learn about it. On balance, I absolutely agree that teaching about money to children is necessary.
Firstly, learning about the value of money is important to prevent becoming a victim of scams. If people did not know about the value of money, they spent it easily. Furthermore, people, in absence of the money value, are pretty easily deceived by scammers because they can not judge advertisements or scammerss' truth. Numerous studies carry that young people ages under 25-year olds group are the highest proportion of rate in the scam crime victims and 90% of them did not know about economics. For this reason, Understanding money value at young ages would help potential victims.
Secondly, Learning how to manage money is pivotal to people. Nowadays, people are living in a capitalist world and people pursue money. In this system, money makes more money without labor. Following this, it is not only important how to make money well but also important how to manage it. If people could manage money lucratively, it could result in a better possibility to have a bright future. Researches show that the capital income outweighs the labor income 90% of the period from the Roman empire to now. That is why we have to learn how to manage money well for future wealth.
To sum up, learning about the value of money and how to manage money is important to evade scams and future wealth. In a conclusion, I strongly support the idea of teaching those in early school lectures. |