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The aspect of financial management is part of the life of an individual regardless of whether one is an adult or a minor. Every person is expected to make a given financial decision at some point in life. Understanding money value, the system of an economy, and interpreting financial news is a very important virtue. An individual who lacks this virtue is likely to face problems especially on matters that involve financial transactions. For instance, an individual who does not understand the money concept may find it difficult to make an appropriate decision on transactions that involve money. Such people also suffer a lot of insecurity when handling financial matters. Graduate students are likely to come across many situations that require them to have some knowledge of finance.
Offering mandatory financial education classes to students is a sign of showing concern to students. Some may argue that mandatory education classes can impact students negatively in Maryland. Such people believe that financial classes can turn some people into individuals who lack the required emotions. They add that students are likely to develop egoism and self-concentration if all their activities are centered on profit-making. This may not true since graduates have the necessary knowledge to make appropriate decisions under different situations. Financial education can provide numerous benefits to high school students in Maryland. For instance, it would become easier for the students to make a good investment of their money and also provide them with knowledge on how to create good financial records. Thus, all high schools in Kern County should ensure that students have passed financial classes before they are allowed to graduate.
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