Bao-Vi Doan

Mrs. Martino
English 2
January 20, 2016

The Issue of Financial Literacy

Starting our lives with nothing but a pair of hands and feet, human become wealthier as
day pass by, yet still not enough for them to use. Man not manage their money intelligently;
therefore, financial literacy was created for human to learn such as saving and spending their
properties. However, many students, school teachers, big business and states government believe
that financial literacy was not effective but even fail for spending a long term of learning the
programs and getting sixty percent or lower on the test of using money and the percentage they
earn in their bank account each year. Therefore, the wasted of financial literacy should be abstain
for the golden time of students individual and the whole world businesses in general.

Many states offering the students to take at least one class of financial literacy to better
help improving their manage skills and preventing in real life challenges. The Indiana Senate
this month approved a bill that would require "personal financial responsibility" to be taught
from kindergarten through high school. (Source 2). Probably a difficult time for students to
diligently for their school task but also personal financial responsibility at the same time.
However, the resulting of sending those twelve years and a few years after graduating was
unexpected. Of the 5,775 high school seniors in 37 states who participated in that survey this
year, students on average scored 52.4 percent on 30 questions, according to the group.(source 4)

and the pre-test for students taking got a higher score of sixty percent or even lower in Carroll
school.

Plenty of school teacher of businesses people has done the research that financial literacy
classes would not have done any further than a wasted of time with getting no profit at all. Such
as the high school students who took a semester-long personal-finance course and tested worse
than those who didn't. Or the graduates of retirement-planning classes who thought their literacy
had increased, when their financial test scores had not (Source 2). Many students at the time
believe that taking financial literacy was no longer mandated if the result they get is the
nothingness from the surplusage of useless course.

All in all, financial literacy classes are not even wasted the time of people, but also a
metal abuse to human at the same time. Throughout the entire lives of human standing above
their solid, from ancient people to now, human keeping developing themselves by inventing new
technologies without using any financial classes. Therefore, financial classes should not be
mandated by any school to its students.