Education in financial management should be a mandatory component of the school program. To what extent do you agree or disagree with this statement?
Give reasons for your answer and include examples from your experience.
More and more young adults in our country are heavily indebted. Thus, it is considered by some that it should be mandatory to educate school children in the administration of money. In my opinion, people should not leave school without a sound knowledge of financial management.
To begin with, a country’s development is strongly dependend upon the purchasing capacity of its inhabitants. That is to say, people who are in debt or financially vulnerable, would not be able to spend freely or invest, for example, in a new house, thus hindering the economic growth of the country. As a consequence, the rate of inflation would rise and people would be able to afford even less, which could ultimately result in the collapse of the entire economy. A good example of this vicious circle can be seen in countries such as Argentina, where people have to buy household items in the black market, because they cannot afford to buy them in regular stores due to skyrocketing prices. Therefore, it is of utmost importance to teach children early in money management.
Another point to consider is the low standard of living that people have when they mismanage their finances. Individuals who are constantly short of money could eventually end up being socially isolated and unhappy, because they couldn’t afford to participate in leisure activities, such as going to the cinema with a friend, resulting in their withdraw from social life. However, this could be avoided with ease by offering courses in money management.
In conclusion, I strongly believe that school children should be taught how to manage their finances to prevent social isolation later in their life as well as to maintain the economic force of their country.
Comments
Essay evaluations by e-grader
Grammar and spelling errors:
Line 3, column 388, Rule ID: AFFORD_VB[1]
Message: This verb is used with the infinitive: 'to even'
Suggestion: to even
...rise and people would be able to afford even less, which could ultimately result in ...
^^^^
Transition Words or Phrases used:
however, if, so, therefore, thus, well, as to, for example, in conclusion, such as, as well as, in my opinion, to begin with, that is to say
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 15.0 13.1623246493 114% => OK
Auxiliary verbs: 11.0 7.85571142285 140% => OK
Conjunction : 5.0 10.4138276553 48% => More conjunction wanted.
Relative clauses : 9.0 7.30460921844 123% => OK
Pronoun: 22.0 24.0651302605 91% => OK
Preposition: 50.0 41.998997996 119% => OK
Nominalization: 9.0 8.3376753507 108% => OK
Performance on vocabulary words:
No of characters: 1451.0 1615.20841683 90% => OK
No of words: 286.0 315.596192385 91% => More content wanted.
Chars per words: 5.07342657343 5.12529762239 99% => OK
Fourth root words length: 4.11236361783 4.20363070211 98% => OK
Word Length SD: 2.80404102951 2.80592935109 100% => OK
Unique words: 169.0 176.041082164 96% => OK
Unique words percentage: 0.590909090909 0.561755894193 105% => OK
syllable_count: 455.4 506.74238477 90% => 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: 3.0 2.52805611222 119% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 4.0 4.76152304609 84% => OK
Performance on sentences:
How many sentences: 12.0 16.0721442886 75% => 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: 23.0 20.2975951904 113% => OK
Sentence length SD: 63.167930946 49.4020404114 128% => OK
Chars per sentence: 120.916666667 106.682146367 113% => OK
Words per sentence: 23.8333333333 20.7667163134 115% => OK
Discourse Markers: 11.6666666667 7.06120827912 165% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 8.0 8.67935871743 92% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.143891320745 0.244688304435 59% => OK
Sentence topic coherence: 0.0531345112005 0.084324248473 63% => OK
Sentence topic coherence SD: 0.0467474329978 0.0667982634062 70% => OK
Paragraph topic coherence: 0.0902210639731 0.151304729494 60% => OK
Paragraph topic coherence SD: 0.0299338172757 0.056905535591 53% => OK
Essay readability:
automated_readability_index: 14.4 13.0946893788 110% => OK
flesch_reading_ease: 48.13 50.2224549098 96% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 12.3 11.3001002004 109% => OK
coleman_liau_index: 12.42 12.4159519038 100% => OK
dale_chall_readability_score: 9.08 8.58950901804 106% => OK
difficult_words: 78.0 78.4519038076 99% => OK
linsear_write_formula: 9.0 9.78957915832 92% => OK
gunning_fog: 11.2 10.1190380762 111% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?
---------------------
Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
---------------------
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.
Grammar and spelling errors:
Line 3, column 388, Rule ID: AFFORD_VB[1]
Message: This verb is used with the infinitive: 'to even'
Suggestion: to even
...rise and people would be able to afford even less, which could ultimately result in ...
^^^^
Transition Words or Phrases used:
however, if, so, therefore, thus, well, as to, for example, in conclusion, such as, as well as, in my opinion, to begin with, that is to say
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 15.0 13.1623246493 114% => OK
Auxiliary verbs: 11.0 7.85571142285 140% => OK
Conjunction : 5.0 10.4138276553 48% => More conjunction wanted.
Relative clauses : 9.0 7.30460921844 123% => OK
Pronoun: 22.0 24.0651302605 91% => OK
Preposition: 50.0 41.998997996 119% => OK
Nominalization: 9.0 8.3376753507 108% => OK
Performance on vocabulary words:
No of characters: 1451.0 1615.20841683 90% => OK
No of words: 286.0 315.596192385 91% => More content wanted.
Chars per words: 5.07342657343 5.12529762239 99% => OK
Fourth root words length: 4.11236361783 4.20363070211 98% => OK
Word Length SD: 2.80404102951 2.80592935109 100% => OK
Unique words: 169.0 176.041082164 96% => OK
Unique words percentage: 0.590909090909 0.561755894193 105% => OK
syllable_count: 455.4 506.74238477 90% => 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: 3.0 2.52805611222 119% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 4.0 4.76152304609 84% => OK
Performance on sentences:
How many sentences: 12.0 16.0721442886 75% => 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: 23.0 20.2975951904 113% => OK
Sentence length SD: 63.167930946 49.4020404114 128% => OK
Chars per sentence: 120.916666667 106.682146367 113% => OK
Words per sentence: 23.8333333333 20.7667163134 115% => OK
Discourse Markers: 11.6666666667 7.06120827912 165% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 1.0 5.01903807615 20% => OK
Sentences with positive sentiment : 8.0 8.67935871743 92% => OK
Sentences with negative sentiment : 3.0 3.9879759519 75% => OK
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.143891320745 0.244688304435 59% => OK
Sentence topic coherence: 0.0531345112005 0.084324248473 63% => OK
Sentence topic coherence SD: 0.0467474329978 0.0667982634062 70% => OK
Paragraph topic coherence: 0.0902210639731 0.151304729494 60% => OK
Paragraph topic coherence SD: 0.0299338172757 0.056905535591 53% => OK
Essay readability:
automated_readability_index: 14.4 13.0946893788 110% => OK
flesch_reading_ease: 48.13 50.2224549098 96% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 12.3 11.3001002004 109% => OK
coleman_liau_index: 12.42 12.4159519038 100% => OK
dale_chall_readability_score: 9.08 8.58950901804 106% => OK
difficult_words: 78.0 78.4519038076 99% => OK
linsear_write_formula: 9.0 9.78957915832 92% => OK
gunning_fog: 11.2 10.1190380762 111% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?
---------------------
Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
---------------------
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.