IELTS

Schools are well placed to teach basic financial skills because they can give all children access to the same information. Lessons could cover budgeting, saving and the difference between needs and wants. This would be especially useful for students whose parents have little time or confidence to discuss money. On the other hand, parents influence children's behaviour every day. A child may learn more from seeing a parent compare prices or plan a purchase than from a single school lesson. Parents can also adapt advice to the family's circumstances. In my view, schools should provide the foundation and parents should reinforce it at home. This combination would give children both consistent principles and practical examples.

The response has a clear position, logical paragraphing and relevant ideas. The main weakness is development: the school and parent examples are asserted rather than fully explained, and the comparison could be more specific.

Model answerSchools should teach basic financial management because this gives every student a common foundation, including students whose parents may not have time or confidence to teach it. For example, a budgeting activity could require students to allocate a fixed income between essential costs, savings and optional spending. Parents still have an important role because children observe real purchasing decisions at home and can discuss circumstances that a classroom cannot reproduce. The most effective approach is therefore shared responsibility: schools teach transferable principles, while parents show how those principles apply in daily life.