Finanncial Litracy at Schools

Financial education should be mandatory component of the school program. To what extent do you agree or disagree with this statement?


It is obvious that the financial aspects are most important part of our daily life, as an adult or as a young individual. We should be able to take financial decisions concerning our health, education, recreations, savings, future plans. To take correct decision, we should have proper financial education. But the question is that, we should start the financial education in school program or postpone it for later studies.

To begin with, to understand the value of money, understand the economic structure, interpret the financial aspects and to choose the best possible option among many, good financial education is must. Without this, an individual might have to suffer to some extent. For example, a young borrowing things without understanding the interest compounding on that or doing an investment without knowing the rates of returns. In addition, one of the most important decision for students is to know how to finance their education. An early grounding financial literacy, bridges this gap and sets the strong stage for later in life.

However, financial education involves the understanding of quantifying and setting prices for goods and services. This may turns them cynical and cold-hearted human beings. Furthermore, a tendency of self concentration and egoism might arise when people start thinking everything from profit making perspective.

In conclusion, financial literacy has both pros and cons. But as we know that eduction is never bad if it is utilized with good intentions and in positive direction. In my opinion, the advantages are stronger than the disadvantages in making financial education as a part of school program. The disadvantage of this can be thought of as the young people have to pay as the characteristics of the world in which we are living. 

Sport Professionals Salary

Successful sports professionals can earn a great deal more money than people in other important professions.
Some people think this is fully justified while others think it is unfair.

Discuss both these views and give your own opinion.

As a result of constant media attention, the sport professionals gets the celebrity status and earn great deal of money. They live lavish life as the celebrities with all amenities and luxuries of life.

Some people find their rewards unfair, specially when comparing with the professions like scientists, professors, government bodies who have the responsibility of governing the nation. The money that these successful professionals can not be determined by the contribution to the society they made or the level of position they hold. Their main source of income is endorsements. This is because they reflect the public popularity of the sports in general and the level of public support they achieve. So the question of unfair does not arise.

The money the sport professionals achieve as a reward can be justified by the amount of their talent. All the sport persons don't earn that much money. There are very few who are talented enough to reach that stage and wins the public support. They have a great amount of pressure from media as well as from constantly increasing competition. These players are tested all the times in their every game and a single mistake can shorten their career. They also get little privacy out of their spot-lite. These argument justified the huge luxuries they avail.

In the end, i feel that the amount of money these sport starts are making is justified as they are the ones who has the responsibility of representing our nation in the world. If they win, it is the win of the nation for which they are playing.

Population Explosion

Counties such as China, India and Japan have unsustainable population growths. In fact many experts are of the opinion that the population ‘explosion’ which is now a very worrying concern, is the most serious threat to life on this planet.


Give some suggestions to address this problem.

It took the entire humankind to reach to the population of 1 billion by 1810 and only in 120 years by 1930 its doubled. The statistics says that the population will reach to 10 billinon by 2025. The current rate of population is now a burden to human well-being. Understanding the factors which affects the population growth can help future plans to restrict the giant problem of population explosion.

First i want to discuss about the causes of the rapid population growth. Until recently, birth rates and death rates were nearly same. Thanks to improved nutirtions and sanitizations, medical technology ( vaccines and antibiotics) which rescues the number of deaths specially children below age of five. Now people live longer than ever before. Also, in countries like China and India, where more than 30% of population is less educated. Because of which they are not aware of the consequences of the population growth and have many children.

The major consequence of the population growth is an affect on basic needs for survival such as food, shelter, water, education and employment. These resources are limited on earth. But with the increasing population, soon there will be crises for these basic amenities. In addition to this increase in population will increase the poverty level of the people specially in the developing contries as due to illiteracy they are growing more children than the educated ones.

To control the increasing population, we first need to use technology to derive future population projections and its consequences. Then we need to educate people with these results. Teachers need to teach students about popluation explosion and its consequences so that they can learn to handle this problems in future.

IELTS Essay Topics

( Task – 2 [ Writing Module ] )

• Even though globalization affects the world’s economies in a positive way, its negative side should not be forgotten. Discuss.

• In some countries children have very strict rules of behavior, in other countries they are allowed to do almost anything they want. To what extent should children have to follow rules?

• Even though globalization affects the world's economies in a very positive way, its negative side should not be forgotten. Discuss.

• Financial education should be mandatory component of the school program. To what extent do you agree or disagree with this statement?

• As computers are being used more and more in education, there will be soon no role for teachers in the classroom.

• Improvements in health, education and trade are essential for the development of poorer nations. However, the governments of richer nations should take more responsibility for helping the poorer nations in such areas.

• Popular events like the football World Cup and other international sporting occasions are essential in easing international tensions and releasing patriotic emotions in a safe way.

• As computers are being used more and more in education, there will be soon no role for teachers in the classroom.

• Some people think that schools are merely turning children into good citizens and workers, rather than benefiting them as individuals. To what extent do you agree or disagree?

• In Many countries, children are getting fatter and less fit day by day. What is your opinion about it?

• Without capital punishment our lives are less secure and crimes or violence increase. To what extent do you agree or disagree with this opinion?

• Some people think that they can learn better by themselves than with a teacher. Others think that it is always better to have a teacher. Which do you prefer? Use specific reasons to develop your essay.

• In some countries children have very strict rules of behaviour, in other countries they are allowed to do almost anything they want. To what extent should children have to follow rules?

• With all the troubles in the world today, money spent on space exploration is a complete waste. The money could be better spent on other things.

• Financial education should be mandatory component of the school program. To what extent do you agree or disagree with this statement?

• Today, the high sales of popular consumer goods reflect the power of advertizing and not the real needs of the society in which they are sold.To what extenet do you agree or disagree.

• Successful professionals earn a great deal more money than people in other important professions. Some people think this is fully justified while other think it is unfair. Discuss both the views and give your openion.

• Some people believe that visitors to other contries should follow local custom and behaviours. Others disagree and think that host contry should welcome the cultural differences.Discuss both the views and openions.

• Some people prefer to spend their lives doing the same thing and avoiding chanes. Others , however think that change is always a good thing. Discuss both the views and opinion. 

• Some people believe that a college or university education should be available to all students.
  Others believe that higher education should be available only to good students.
  Discuss these views. Which view do you agree with? Explain why.

Food at Home or Restaurent

Some people prefer to eat at food stands or restaurants. Other people prefer to prepare and eat food at home. Which do you prefer? Use specific reasons and examples to support your answer.



There was a time in stone age when man has to hunt for the food. Now-a-days we have lots of food options available. Every next road has eating joints ranging from luxurious hotels and restaurents to small road-side stalls. We also have options in raw cooking materials from fresh vegitalbes, meats and fruits to pre-cooked frozen materials. It is difficult to say that I always like cook and eat at home or going to food stands. The choices depends upon many factors.

Cooking a good and healthy food requires time, efforts and also bit experties. In todays competitive time, after working for hours in offices, a person needs rest and good food. At that time we doesn't have strength to cook the food. Then we are looking for ready made food either at food stands or at any good restaurents. Also, sometimes we want to taste food of different cuisines like indian, thie, continental etc. Restaurents are also the best choice for social gatherings like birthday parties, old friends get toghather when we want to enjoy rather than wasting time in cooking.

Contrary to that, it is also the fact that nothing is better than the home cooked food. When we prepare food by ouself, we take care of everything like hygiene, spices, oil depending upon our health and taste. Many times cooking work as stress buster e.g. when you put your full concentration in cooking forget about your tensions and only think about tasty food. Also the best thing about eating at home is that you can watch your favorite programs on televsion while having your dinner. Having dinner with family increases communication, everyone can share their day with each other. Finally, it saves lot of money too.

In conclusion, I want to say that most of the time I personally like the home made food. But there are times as mentioned when we prefer to go out for lunch or dinner.

Globalisation : Pros and Cons

Even though globalisation affects the world’s economies in a positive way, its negative side should not be forgotten. Discuss.

The term "globalisation" refers to the unification of distinct political, economical and cultural trends all over the globe. Directly or indirectly, globalisation plays a very important role in our lives. But in the meantime it is a blessing or curse is a heated debate.

Globalisation has affected the world in several ways. Workers in developing countries now have more occupational choices than ever before and they are able to compete on the global job market for high paying jobs. The companies are becoming multi-national and doing offshore business all over the world, thereby making contribution to the local employment and growth. Asian countries like India and China are the best example of that, which has most offshore work in the world. Moreover, the people get to know each other, their culture through global communication (Internet chatting, cheap VOIP calls etc.).

Opposite to that, globalisation has increased the inequalities and environmental degradation. In search of cheap labour, companies are sending more business to offshore, leaving in-house vacancies open. In the current time United States is facing this problem. Also, the mind workers like engineers, scientists are able to compete successfully in world market and earn higher wages than the production and service workers. Which leads the problem of job inequality. It also adds the problem of Brain Drain as the talented minds are moving away from poor countries. According to research India is loosing around $10 billion per year due to brain drain. 

In summary, I would say that in spite of obvious problems with overly rapid development, globalisation is a very positive force that lifts countries out of poverty. It causes a virtual economic cycle associated with faster economic growth.

Advertisements : Pros and Cons

Some people say that advertising encourages us to buy things that we really do not need. Others say that advertisements tell us about new products that may improve our lives.

Which viewpoint do you agree with?

Essay=>

------------

Advertisements play an important role in today's economy. They are useful to both consumers and the producers. They help the consumers by giving information about their products available in the market. With the help of advertisements the vendor can directly speak to the customer. But the advertisements have both pros and cons.

Advertisements help to increase the sale of goods, so producers sell them on reasonable prices. Consumers also get to know the offers and discounts available on products by advertisements only. In turn they increase the demand of the goods and more workers are required to fulfil the demand. So they provide employment. For advertising their products, producers pay money for transporting, printing, porters and sellers. Daily newspapers, bus fees, television licence fees remain cheap for end consumers because of advertisements only. They also keep the standard of the goods and services to maintain the stability of the product in the market.

Contrary to that, advertisements try to influence our emotions by making us buy their products which we really don't need. They make use believe that with the use of their product our dreams come true. For example many chocolates advertisements are acted by children to attract them and forcing their parents to buy for them. Also the inappropriate content shown affect the kids mind adversely. Also from cost perspective, the total production cost of a product includes the advertisements costs which increase the market cost of the product. That is why non-commercial products, such as produced for organizations has lower cost.

In conclusion, advertisements are essential to update consumers with the latest products, their features and prices. It is responsibility of the consumers to analyse their needs before making a purchase.