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IELTS Essay Writing (how to survive financially)
Writing Task 2
You should spend about 40 minutes on this task.
Write about the following topic:
Q. Today’s schools should teach their students how to survive financially in the world today.
To what extent do you agree or disagree with this statement?
Give reasons for your answer and include any relevant examples from your knowledge or experience.
You should write at least 250 words.
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14 Replies
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Nowadays schools are providing best knowledge for their students. Even though they acknowledge their children with a good education some people say that today’s schools should also include a subject about how to survive financially in this present world, I completely disagree with this statement.
Though it is difficult to justify whether to teach financial survival for students but schools automatically teaches this topic without any subject knowledge. School is a place where children comes with different background and different mindsets. Subject like mathematics will teach how to be calculative and topic like profit and loss will bring the knowledge to think before spending a money. For Example , if a student after his graduation wants to run a business then he can estimate how much money he needs and how profits and losses will be there with the help of simple mathematics.
Today’s school have already introduced a subject called Managerial Economics and Financial Analysis which is more than enough for any student. Moreover, it teaches the ethical values of surviving the world and also explains the economical statistics in the world. In addition to it, students will come to know about partnership and managing the relationship between them. Furthermore, this subject covers about the legal and illegal issues that has to be faced if a problem occurs. For example, if a business is run by partners the should follow an agreement which they should stick to and if they break it then they should face the consequences.
In conclusion, schools already provide enough subject to their students and including an extra teaching about surviving financially in today’s world is completely a waste of money where students will also feel stressed if they introduce any new subject to their academics.
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Feedback: Entire essay went wrong because of incorrect sentence formation & multiple grammatical errors. Need to re-write.
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Schools mostly focus on teaching their students the subjects that may help them get good colleges but ignore teaching about the real-life issues. It is therefore argued that schools should teach their students how to survive financially. I completely agree with this notion and believe that it is beneficial for a child to learn about economics and money related problems in their younger days. This essay will discuss about the advantages of giving real life lessons to kids in schools.
In school, children study subjects such as physics, mathematics, social science etc., which help them to prepare for different competitive exams, apart from this, these subjects do not play any vital role in one’s life. On the other hand, subjects such as finances, investment etc., are left behind by these institutions which leads to children suffering from economic crisis after completing their education as they don’t have any idea about how to handle their money or where to invest it. For instance, learning different theorems of physics may help some in their future life but for others it is complete waste of efforts, but learning about finances, on the other hand, benefits everyone.
Although this shift from traditional teaching method is not easy and time consuming. Also, such a transition requires a lot of planning by the administration and the government along with allocation of funds, as appointment of new teaching staff would be required. There are some new education policies that are being circulated by the government according to which by the end of year 2030 all of the schools need to have a specific period everyday, when students can ask and learn about economy and investment policies from an expert.
In conclusion, although teaching finances to students in schools requires a major shift from the current scenario but it is for a greater good, and whole community would be benefitted of it.
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Feedback: Good approach along with relevant information, need to work on cohesive devices and related words to make an impact and on language to discuss as found simple one.
Band: 3.5/6
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Today’s world demands a person to be financially educated, so tutors at schools should make students aware of the basics of money. I completely agree with this statement and think that relevant education in the subject is required to survive monetarily.
Firstly, schooling lays down the groundwork for one of the major aims of a person’s life, and that is financial stability. All the expertise and knowledge would account for nothing, if the person leads an insecure life and hence the skill of handling money should be inculcated since the beginning. For example, you can get your dream job by excelling in education but to grow stable, you need to know how to steer your funds in the right places such as investments and properties. So, learning the nitty-gritty of finance early in school, as a subject, is irrefutably a good option.
Secondly, numerous subjects taught in schools have little practical value. Science, maths and social science are theoretically appropriate but their practical implications aren’t that appealing as students can only apply them behind closed doors in offices or labs. Undoubtedly, that knowledge is needed to land a well-paying job but to multiply your money, the skill of financial education is crucial. For example, Warren Buffet started multiplying his pocket money through investments since he was a child and grew out to be one of the most successful investor.
To conclude, educating students about money in school is vital. The benefits of which they’d reap later on in life as they lead a stable and financially-sound life.
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Feedback: Very good approach and good use of information to describe the areas, worlds are also fine. Good job keep it up. Just work on language a bit.
Band: 4.5/6
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Irrespective of the study burden already students are having, by looking at the current situation, one of the crucial subjects that should be added into their curriculum is how one should manage their life in any financial condition. I completely agree with this statement and this essay will further discuss on the importance of such course in student’s life.
Although, in any education system students are given with so many subjects to study whether it’s a language which helps in communication or history which let students get to know about past, however there is a need to teach them how to survive financially. For instance, if a person gets a lot of money by any means but don’t know to utilize it then in no time the person would be out of funds. Therefore, it’s important for an individual to learn how to invest the money properly.
In my opinion, rather than involving student in subjects having no impact on their life, they should be encouraged to learn how to manage their finance appropriately. Since, students are considered as a future of the nation and up coming entrepreneurs, it’s very crucial for them to handle the money efficiently. If the future of the country lacking knowledge on management of funds, then how could they support the economy of the nation?
To conclude, if basic subjects or manners are mandatory to learn for the students then utilization of funds in a proper way is also necessary to pursue a peaceful and wealthy life. They should know that we are supposed to ‘think before spend’, otherwise life will end with taking debt and repaying it.
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Feedback: Very well attempt with good use of content, need to work on conditional sentences cohesive devices as found less & related vocabularies, try to avoid repetition as “Student” word is used many times.
Band: 4/6
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Introduction:
Most of the reputed educational institutions teaches (teach) their students how to sustain and survive financially in the current fast trending world and focus on many financial equations instead providing the quality education and values. I strongly disagree with the context, this essay gives (will give) an idea of “what is” the quality education, social behavior and how it benefits the children grow to overcome the financial crisis.Body-1:
Children’s education is very crucial in present circumstance, it helps them to grow in their life in a better manner. some parents think that the quality of education comes with a reputed schools or colleges and their teaching methodologies. In fact, educational institutions should provide good quality of education by introducing the real-world issues in their curriculum, especially developing cognitive skills, problem solving and communications. If children develop those skills undoubtfully they can sustain in any circumstance even they face financial struggles they can be able to overcome with the skills, they developed or learned.Body-2:
In addition, social behavior is a major aspect of the young children particularly high school or college graduates. Due to availably of all the resource in the globe, most of the children (are) dragged towards the bad habits and behaviors. schools should teach the children rights, who to mingle in the society, patience, obedience towards the elderlies, kindness/helping nature for the needy. These behavioral skills (are) useful for them to people management, money management and adjustable behavior in any situation. For an instance, if children do not have well behavior or proper education on traffic rules, they may get huge fines and leads to financial crisis.Conclusion:
To summarize, educational institutions should teach the children to learn better to improve of their education and other required skills for the bright career instead of financial survival. With the great skills that they acquire in the high school or college and with the well social behavior children can overcome any kind of financial struggles and grow in their life to achieve great milestone.-
Feedback: Good effort but found many grammatical errors highlighted in brackets in bold & repetitions of sentence type & words as well, need to work on sentence formation, cohesive devices, sentence types, related vocabularies.
Band:2/6
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Schools play a vital role in shaping the students’ personalities and help them make their future by enabling them to get good jobs. Besides teaching academic subjects, practical implications should also be taught at school to develop good decision-making skills. It is often suggested to include some training and lessons to teach students, how to manage monterey funds? I agree with such a statement, this essay will talk about the benefits of practical knowledge about finance.
First off, if community subjects are taught to students and are made aware of using more money wisely. Then, they will become more responsible, they will try to save money for the rainy days to help them in their future. For instance, if pupils are taught about money management, they must have practical sessions where they are encouraged to save more money than to spend on unnecessary things, that if they make habit of saving even small amount of money, after a certain period of time they will be having significant deposited money. So, this will really motivate them, and they will spend less.
In addition to that, Money not only helps them in their personal life but also assists them in making their career, students can make their career as an accountant or auditor. Activities such as providing pupils a fixed amount and asking them to buy multiple things which are joyful as well as useful for them. Thus, they will be able to manage money at an earlier age. Hence, can help them understand the importance of utilizing funds more effectively along with that avoiding spending money in a generous manner.
In conclusion, schools must plan to spare a few hours in a routine schedule to deliver lessons on money management to make the freshmen responsible for handling their finances and flourishing their careers.
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Today scenarios the knowledge of financial is very crucial for development of individual in early age. School should include the financial topic in their syllabus It would enhance the metal capability of student to tackle the future problem related to monetary easily.I agree with the given statement so there is need to initiate financial topics in our early education system. <div>
Firstly the school is the one primary source where to inculcate the basics of management of financial in early age is possible effectively while in many schools nowadays they start putting syllabus of economy which indirectly helps student to understand the financial concept very well. Many government make it essential to include finance topic in early education stage so the student lean about it and apply its concept in their career.
Secondly In school its quite easy to put financial element through different kind of activity on the other hand different events have different element which contribute towards enhancing student skill like in many school they have some games where they can easily get involved in financial topics often these games made our basics cleared whereas in many schools they also have quiz competition which have element of finance which improve metal thinking level and give us futuristic learning which we can easily apply during our growth.
To conclude financial management has to put as syllabus in school as it’s the need of time to know about finance related thing in growing stage. Hence its makes students aware about the concept of monetary in early age.
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Feedback: Content is not up to the mark, need to work on thought process a lot, sentence formation, related words, sentence types & cohesive devices.
Band: 1.5/6
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Many people strongly believe that the wisdom of money is a need of an hour in the 21st century, therefore educational institutes,
universities, and schools should have a predominant focus on the financial knowledge of students, undergraduates, and graduates.
In my opinion, I strongly agree with this statement due to the long-term investment benefits and financial freedom.Firstly, guiding the young generation in the field of money and investment an early age can provide the long-term benefits in securing
future. This is because students will get cognizance of many monetary concepts like power of compounding, difference between assests and
liablility, and invest in stocks and mutual funds which they can apply wisely in their initial age to get long term advantages in multiplying
money. For an instance, research in the USA showed that those children who started putting their 10% of the savings in mutual funds in tenure of
30 years, end up accumulating 50 percent more money than those who didn’t invest. Hence, the subject on the financial investments
has significant importance in their academic studies.Secondly, the financial acumen in an early phase of life can aid the benefits after retirement. Likewise, the school and university professors
can guide pupils about the various kind of insurances such as health insurance, term insurance, and medical insurance which are useful
in the older age. Furthermore, money corpus collected in an initial period of life, can be used as an emergency fund after the retirement age.
For instance, in the recent studies in India showed that 60% of retired private professionals struggle to fulfuil their basic needs after
completing their work tenure. However, the students should be made aware about the risky investments in order to avoid the wrong descions.To conclude, academic institutes play an imperative role in imparting the financial knowledge to the students in an early age,therefore teachings from an expert
in an early age is always better than bad experiences in life.
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