Very Few School Children Learn About the Value of Money: IELTS Writing Task 2

Many IELTS test-takers find the essay writing portion of the Writing module to be particularly challenging. Therefore, it is essential to develop your essay writing skills effectively before taking the IELTS.

The IELTS Writing Task 2 is a crucial part of both the General Training and Academic versions of the IELTS exam. It assesses your ability to write a well-structured and cohesive essay in response to a given topic.

In this task, you will be presented with an Agree Disagree Essay prompt, where you are presented with a statement or opinion, and you are asked to either agree or disagree with it.

To effectively prepare for the IELTS Writing Task 2, it is highly recommended to practice with a variety of sample essays. IELTSMaterial.com offers a comprehensive collection of IELTS writing task 2 practice tests, that can help you hone your essay writing skills and achieve a high score in the exam.

Question

Structure Breakdown

Band 7 Sample Answer for IELTS Writing Task 2 Question: Very Few School Children Learn About the Value of Money

In education, there’s a tendency to emphasize academic subjects, overlooking crucial money management skills. This results in many successful students struggling with finances later on. I believe it’s crucial to include lessons on the value of money and money management in school curricula. This essay will explain why, highlighting how this education can positively impact students’ financial well-being.

The main point is about the importance of Financial Independence, as explained in “Rich Dad Poor Dad.” This involves the ability to make money work for individuals, a skill not often taught in traditional education. Students who understand how to spend, invest, and save money are more likely to avoid financial problems, regardless of their income. For instance, those who receive guidance from family and teachers in these areas tend to become financially wise individuals, capable of successfully managing personal finances.

The second important point highlights the lasting effects of not having money management skills. People without these skills tend to depend on their jobs, spending most of their earnings on expenses and saving little for the future. This lack of asset growth leads to ongoing financial dependence. Including money management in the school curriculum ensures that all students, regardless of their background, can learn these important skills.

In summary, while life’s main goal isn’t just about making money, it is undeniably crucial for meeting our basic needs and feeling secure. Learning how to handle money is a fundamental part of life. To conclude, including lessons on financial management in school curricula is not just a good idea but necessary. This ensures that a wide range of students can establish a basis for a financially secure future. (275 words).

Band 7 Vocabulary

Emphasize:

• Meaning: To give special importance or attention to something.
• Example: Teachers often emphasize the importance of good study habits for academic success.

Overlook:

• Meaning: To fail to notice or consider something.
• Example: It’s common for people to overlook the significance of regular exercise for overall well-being.

Crucial:

• Meaning: Extremely important or essential.
• Example: Time management is crucial for success in both academic and professional pursuits.

Curriculum:

• Meaning: The subjects comprising a course of study in a school or college.
• Example: The school’s curriculum includes a diverse range of subjects to provide a well-rounded education.

Financial Well-being:

• Meaning: The state of having one’s finances in good order, ensuring financial security and comfort.
• Example: Proper budgeting and saving contribute to long-term financial well-being.

Financial Independence:

• Meaning: The ability to support oneself financially without relying on others.
• Example: Achieving financial independence often involves strategic investments and savings.

Depend:

• Meaning: To rely on or be influenced by something.
• Example: Successful businesses depend on customer satisfaction for long-term success.

Expense:

• Meaning: The cost required for something; money spent on a particular item or activity.
• Example: Rent and utilities are common monthly expenses for individuals living on their own.

Fundamental:

• Meaning: Forming a necessary base or core; essential.
• Example: Learning basic mathematics is fundamental to understanding more advanced concepts.

Self–reliant:

• Meaning: Capable of relying on oneself and being independent.
• Example: After learning various life skills, the teenager became more self-reliant in managing daily tasks.

Band 8 Sample Answer for IELTS Writing Task 2 Question: Very Few School Children Learn About the Value of Money

Money management is undoubtedly a crucial skill, and the question of whether it should be part of the academic curriculum is subject to debate. Many schools already grapple with a myriad of subjects, and adding personal finance to the syllabus could further complicate matters. Additionally, the practical nature of this skill suggests that traditional lectures and exams may not be the most effective means of imparting it. Consequently, I contend that parents should assume the responsibility for teaching money management.

Firstly, grasping the practical aspects of personal finances, such as earning, saving, and investing money, cannot be fully achieved through theoretical classes. Teachers may not be in a position to decide whether a student should balance work and studies or effectively manage their finances. In contrast, parents are ideally positioned to monitor and guide their children in these crucial aspects, instilling in them the value of money and fostering a sense of responsibility.

Furthermore, money management is a nuanced skill that goes beyond the scope of traditional classroom instruction. A one-size-fits-all approach may not be suitable for every student, as each family has its unique financial circumstances. Parents, intimately familiar with their children’s backgrounds, can provide tailored guidance, ensuring that financial education aligns with individual needs and situations.

In conclusion, while the importance of money management is undeniable, the conventional classroom setting may not be the most effective platform for its development. Instead, parents, equipped with personal insights and a deeper understanding of their children’s circumstances, are better placed to impart this essential life skill and prepare the younger generation for financial independence. (263 words)

Band 8 Vocabulary

Crucial:

• Meaning: Extremely important or necessary.
• Example: Effective communication is crucial for building strong relationships.

Myriad:

• Meaning: A countless or extremely large number.
• Example: There are a myriad of ways to approach problem-solving.

Complicate:

• Meaning: To make something more intricate or complex.
• Example: Adding too many details can complicate a straightforward explanation.

Consequently:

• Meaning: As a result or effect of something.
• Example: She forgot her umbrella, and consequently, got soaked in the rain.

Purview:

• Meaning: The scope or range of authority, influence, or understanding.
• Example: The new legislation extends the government’s purview over environmental issues.

Nuanced:

• Meaning: Characterized by subtle shades of meaning or expression.
• Example: The author’s writing is nuanced, capturing the complexity of human emotions.

Tailored:

• Meaning: Customized or specially designed for a particular purpose.
• Example: The training program was tailored to meet the unique needs of each employee.

Impart:

• Meaning: To convey information or knowledge.
• Example: Teachers aim to impart not only facts but also critical thinking skills.

Foster:

• Meaning: To promote the growth or development of something.
• Example: The organization works to foster a sense of community among its members.

Independence:

• Meaning: The state of being free from outside control or support.
• Example: Achieving financial independence is a common goal for many individuals.

Band 9 Sample Answer for IELTS Writing Task 2 Question: Very Few School Children Learn About the Value of Money

Connectors Used in the Sample Answers of Very Few School Children Learn About the Value of Money

Connectors, also known as connectives or transition words, are words or phrases that link ideas or parts of a sentence or paragraph together. Here are some of the connectors used in the above sample answers:

• In my opinion
• while
• in this essay
• I believe
• for instance
• additionally
• therefore
• In conclusion
• hence
• overall

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