The topic of financial education in schools has become increasingly prevalent in IELTS Writing Task 2 examinations. Based on analysis of past tests and current educational trends, this subject typically appears 2-3 times annually, often framed around curriculum integration or educational priorities. Let’s examine a common question format and explore sample responses across different band scores.
The importance of financial education in schools has become a critical discussion point in modern education systems, as more countries recognize its value in preparing students for real-world challenges.
Task Analysis
Some people believe that schools should teach children how to manage money. Others think that financial education should be left to parents. Discuss both views and give your own opinion.
This question requires:
- Discussion of both perspectives
- Clear position statement
- Balanced analysis
- Relevant examples
- Logical conclusion
Band 8 Sample Essay (290 words)
While how to reduce debt through smart planning is crucial knowledge for future success, debate persists about whether this responsibility lies with schools or parents. This essay will examine both perspectives before presenting my viewpoint.
Those advocating for school-based financial education argue that professional educators are better equipped to teach these skills systematically. Schools can implement structured curricula covering budgeting, investing, and financial planning, ensuring all students receive standardized knowledge regardless of their parents’ financial literacy. Moreover, classroom environments facilitate practical exercises and peer learning, making complex financial concepts more accessible.
Conversely, supporters of parent-led financial education contend that money management is deeply personal and culturally influenced. Parents can tailor lessons to their family’s specific circumstances and values, providing real-world context through daily experiences like grocery shopping or bank visits. This approach allows for more individualized instruction and practical application of financial principles.
In my opinion, the most effective approach combines both school and parental involvement. Schools should provide the theoretical foundation and structured learning about financial concepts, while parents reinforce these lessons through practical application at home. This collaborative approach ensures students receive comprehensive financial education from multiple perspectives.
Band 6.5 Sample Essay (265 words)
Financial education is very important for young people today. Some people think schools should teach it, while others believe parents should do this job. I will discuss both sides and give my opinion.
Schools teaching financial education has some advantages. Teachers are trained professionals who can explain money concepts clearly. They can use textbooks and activities to make learning interesting. Also, all students can learn the same things about money, which is fair. role of financial literacy in personal debt management becomes clearer when taught systematically.
However, parents teaching finance also has benefits. They know their children’s spending habits and can give personal advice. Parents can show real examples when shopping or using banks. They can also teach children about family budget and saving money at home.
I think both schools and parents should teach children about money. Schools can teach the basic knowledge, and parents can show how to use this knowledge in real life. This way, children learn better and understand money management more completely.
Key Vocabulary
- Financial literacy (n) /faɪˈnænʃəl ˈlɪtərəsi/ – understanding of financial concepts
- Curriculum integration (n) /kəˈrɪkjələm ˌɪntɪˈɡreɪʃən/ – including subjects into school programs
- Budgeting (v) /ˈbʌdʒɪtɪŋ/ – planning how to spend money
- Systematic approach (n) /ˌsɪstəˈmætɪk əˈproʊtʃ/ – organized method
- Practical application (n) /ˈpræktɪkəl ˌæplɪˈkeɪʃən/ – real-world use of knowledge
Conclusion
As importance of budgeting for financial success continues to grow, similar topics may appear in future IELTS tests. Practice writing about:
- Digital financial literacy in schools
- Age-appropriate financial education
- Role of technology in financial education
Share your practice essays in the comments section for feedback and improvement suggestions.