Monday, August 25, 2014

Bob Jain: Can Young Students Learn About Financial Topics?

By Jennifer Marie Anderson


From one grade school to another, it's likely that certain classes will repeat themselves over the course of time. Home economics and social studies are only a few of the many instances to consider. However, would you have ever thought about your child picking up on financial information, from school, as early as age 11? It may seem hard to believe but, as Bob Jain can tell you, many children and teenagers will start to pick up on details in this regard.

According to an article on the Guardian, schools that follow the English national curriculum will start to incorporate more finance-focused classes. Specifically, money-related math problems - in addition to budgeting, pensions, and other such topics - will be given to students ranging from 11 to 16 years of age. In one sense, these are important topics to learn about, since they'll come in handy in the future. In another sense, though, it has to be wondered whether children are too young for this subject matter.

It seems as though this change in the school curriculum was made as a result of ongoing debt-related problems, which makes said change more understandable. If these problems persist, Bob Jain will agree that young men and women should be able to approach them with learned frames of mind. It's clear that most children do not know about the specifics tied to finance or even what it is that makes an effective budget. Details like the ones to be learned about in school, according to authorities like Jain, could prove useful.

Even though there are incentives to financial classes in grade school, it seems like parents and students have voiced their concerns on the matter. To many of them, there shouldn't be a need for these classes, especially since many of them aren't even focused on college at their ages. They also do not want to have these classes take away from others that they have come to know and learn about; social studies and health come to mind. To say that criticism was brought forth would be an understatement.

Ultimately, though, we have to look at this story for what it is: an early report. We're not entirely sure how other classes will be affected because the year hasn't started for students. Once work is underway and students start to hit the books, that's when assessments can be made and conclusions can be reached. In any case, there is a level of importance to consider when it comes to financial matters, so hopefully this matter is handed as carefully as possible.




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