Education in financial management should be a mandatory component of the school program To what extent do you agree or disagree with this statement

In this contemporary era, a need for financial education is under a debate among economist. While a stratum of society insist that finance needs to be a part of curriculum, others disagree with the statement. Although I partially agree with this view, still I will delve into both the views.

Any activity involving cash will come under the aspects of Finance. As everyone in their day to day life deals with money, it is important to educate them about how to effectively handle cash. Financial education teaches the students to understand the significant of savings by preparing budget and analyzing. This helps them to identify and cut down their spending’s on unnecessary things. For Instance, The Institute of Cost Accountants of India has made an initiative and regularly conducting programs on finance to the school kids, to educate them on the importance of finance in daily life.

However, adding financial education as part of school program will increase the burden and mental stress on children. Instead of making finance as a mandatory component, it can be introduced to kids as an optional subject and not as part of assessment. By learning and analyzing calculations, they might become over stressed and calculative at a very young age. In the recent study by the Stanford University it was found that 7 out of 10 kids were already pressurized by the existing curriculum, adding further subjects will over burden the kids.

To conclude, I personally believe that although financial education has some positive effects, still there are few drawbacks in obligating this at schools.

Votes
Average: 7.8 (1 vote)
Essays by the user:

Transition Words or Phrases used:
however, if, so, still, while, for instance

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 7.0 13.1623246493 53% => More to be verbs wanted.
Auxiliary verbs: 7.0 7.85571142285 89% => OK
Conjunction : 7.0 10.4138276553 67% => OK
Relative clauses : 3.0 7.30460921844 41% => More relative clauses wanted.
Pronoun: 19.0 24.0651302605 79% => OK
Preposition: 47.0 41.998997996 112% => OK
Nominalization: 13.0 8.3376753507 156% => OK

Performance on vocabulary words:
No of characters: 1345.0 1615.20841683 83% => OK
No of words: 261.0 315.596192385 83% => More content wanted.
Chars per words: 5.15325670498 5.12529762239 101% => OK
Fourth root words length: 4.0193898071 4.20363070211 96% => OK
Word Length SD: 2.88409309542 2.80592935109 103% => OK
Unique words: 160.0 176.041082164 91% => More unique words wanted.
Unique words percentage: 0.613026819923 0.561755894193 109% => OK
syllable_count: 429.3 506.74238477 85% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 5.0 5.43587174349 92% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 6.0 4.76152304609 126% => OK

Performance on sentences:
How many sentences: 13.0 16.0721442886 81% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 38.6374438985 49.4020404114 78% => OK
Chars per sentence: 103.461538462 106.682146367 97% => OK
Words per sentence: 20.0769230769 20.7667163134 97% => OK
Discourse Markers: 3.30769230769 7.06120827912 47% => More transition words/phrases wanted.
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 7.0 8.67935871743 81% => OK
Sentences with negative sentiment : 4.0 3.9879759519 100% => OK
Sentences with neutral sentiment: 2.0 3.4128256513 59% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.232460237708 0.244688304435 95% => OK
Sentence topic coherence: 0.0744785721751 0.084324248473 88% => OK
Sentence topic coherence SD: 0.0517062107829 0.0667982634062 77% => OK
Paragraph topic coherence: 0.132920917025 0.151304729494 88% => OK
Paragraph topic coherence SD: 0.0555586736452 0.056905535591 98% => OK

Essay readability:
automated_readability_index: 12.9 13.0946893788 99% => OK
flesch_reading_ease: 51.18 50.2224549098 102% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 11.1 11.3001002004 98% => OK
coleman_liau_index: 12.59 12.4159519038 101% => OK
dale_chall_readability_score: 9.17 8.58950901804 107% => OK
difficult_words: 75.0 78.4519038076 96% => OK
linsear_write_formula: 9.0 9.78957915832 92% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?

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Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.