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IELTS Free Online Writing Practice - Is it important students to learn about personal finance in school?

IELTS.WORK Free Online Writing Practice # 1711129943

Task 2 Topic: "Is it important for students to learn about personal finance in school?"

Model Answer:

In today's world, financial literacy is becoming increasingly significant as individuals are expected to manage their personal finances effectively. The question arises whether learning about personal finance should be incorporated into the school curriculum. While some argue that it is essential for students to acquire financial knowledge at an early age, others contend that this subject matter is better suited to extracurricular activities or home education. This essay will discuss both sides of the argument and present a balanced conclusion.

On one hand, there are several reasons why personal finance should be included in school curriculums. Firstly, financial knowledge equips students with essential life skills, enabling them to make informed decisions regarding budgeting, saving, investing, and debt management. In an increasingly consumer-driven society, these skills become crucial for maintaining a healthy quality of life and avoiding financial pitfalls. Secondly, teaching personal finance in schools can help break the cycle of poverty by empowering students from low-income families with the knowledge to make sound financial choices. This not only benefits the individual but also contributes to societal economic stability.

On the other hand, opponents argue that personal finance should not be a compulsory part of the school curriculum. They believe that educators should focus on core subjects such as mathematics, science, and literature, which directly contribute to students' academic development. Furthermore, some argue that personal finance is best taught outside the classroom setting through extracurricular activities or family education. This allows for a more hands-on approach, where students can apply their knowledge in real-life situations under the guidance of experienced mentors.

In conclusion, while it is essential to acknowledge the importance of teaching financial literacy, it should not come at the expense of core academic subjects. Instead, a balanced approach should be adopted, incorporating personal finance into the school curriculum but also providing opportunities for extracurricular learning and home education. This way, students will gain both theoretical knowledge and practical experience in managing their finances effectively.

Overall Rating: Band 8.0

Task Response: Band 9 (The candidate has fully addressed all parts of the question and provided a detailed response that demonstrates a comprehensive understanding of the topic.)
Coherence and Cohesion: Band 8.5 (The response is well organized, logically structured, and coherent throughout but may have minor errors in cohesion or coherence that slightly disrupt the flow of ideas.)
Lexical Resource: Band 9 (The candidate demonstrates a broad and varied vocabulary, and the use of complex sentence structures enhances the clarity of expression.)
Grammatical Range & Accuracy: Band 8.5 (The candidate's use of grammar is largely accurate but may show minor errors that do not impede comprehension.)

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