Should Teenagers Learn Personal Finance?

To what extent do you agree with this statement?

September 13, 2024
Gaurav Chhikara
PTE Academic
Essay Sample Answer

Essay Question

Teenagers should receive lessons on principles of personal finance, such as investing and debt. To what extent do you agree with this statement?

90-Points (9 Bands) Sample Answer for Essay

The debate on whether teenagers should receive lessons on principles of personal finance, such as investing and debt encompasses diverse viewpoints, revealing its advantages and drawbacks. This essay critically assesses these perspectives.

There are myriad arguments in favour of my stance. Recent research not only outlines the significance of studies as well as people, but also points out the importance of education and coping with vicissitudes. Besides, it provides a brief overview of expanding cultural understanding, followed by enhancing global perspectives. Examples of this can be seen all over the world, especially in affluent nations. Further, the implications of technological advancements on these views are significant, justifying widespread support for the idea that teenagers should receive lessons on principles of personal finance, such as investing and debt.

However, there are some arguments against the aforementioned view. Besides, its impact is far-reaching indeed as its influence extends to various facets of society, shaping not only individual experiences but also impacting the academic research landscape. Therefore, it is apparent why many are against the notion that teenagers should receive lessons on principles of personal finance, such as investing and debt.

In conclusion, while the viewpoint that teenagers should receive lessons on principles of personal finance, such as investing and debt presents a complex array of advantages and disadvantages, my analysis leads me to firmly support the notion that its benefits substantially outweigh the drawbacks.

*Using the AGBS template, this sample answer scores full marks in the PTE Academic exam. To perform well in the Essay Question-type, you are assessed on factors like Content, Form, Grammar, Vocabulary Range, Spelling, General Linguistic Range, and Development, Structure, and Coherence. You can see in the picture below how this answer achieves high scores in all these aspects!

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You can confidently use this Essay Answer in the PTE Academic exam with similar results. You can even try it for yourself right now, click the link below and check immediately. Remember to type it all out, rather than copy pasting, as it will help you in getting prepared.

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Template used in this Essay Sample Answer

To help with your preparation, you might try memorizing the whole template before typing it. The template for the AGBS essay type is provided here. There are two types of PTE essays: AGBS and PS. Both templates have similar structures but differ slightly in text to better suit the essay type.

Agree Disagree / Both Sides Template

The debate on whether TS* encompasses diverse viewpoints, revealing its advantages and drawbacks. This essay critically assesses these perspectives.

In conclusion, while the viewpoint that TS* presents a complex array of advantages and disadvantages, my analysis leads me to firmly support the notion that its benefits substantially outweigh the drawbacks.

*Now, with the above template, you only have to add one phrase (a TS), which almost looks like a sentence.

What is TS?

A Topic Sentence (also known as TS) is a crucial element in a templated essay, as it directly addresses the main topic while keeping rest of the essay’s structure fixed. It highlights words from the essay topic in a positive or neutral tone, ensuring the essay fulfils the content score criteria.

Example TS for the current essay:

'teenagers should receive lessons on principles of personal finance, such as investing and debt'

What makes this TS suitable?

The TS "teenagers should receive lessons on principles of personal finance, such as investing and debt" is appropriate because it directly reflects the main idea of the essay topic. It clearly states a viewpoint that supports the idea of teaching teenagers about personal finance, which is the focus of the question. The TS includes important terms like "teenagers," "lessons," "principles of personal finance," "investing," and "debt," ensuring that it connects well with the topic.

This sentence is grammatically correct, with a clear subject ("teenagers") and a complete thought ("should receive lessons on principles of personal finance"). The verb "should receive" effectively conveys a recommendation, making the statement strong and assertive. There are no spelling errors, which helps maintain clarity and professionalism in writing.

By using key phrases from the essay topic, the TS establishes a solid basis for discussing the importance of financial education for teenagers. This approach sets the stage for exploring why understanding concepts like investing and managing debt is crucial for young people. Overall, the TS is a clear and relevant statement that aligns well with the essay topic, making it an excellent starting point for further discussion.

Important Words for Relevancy + Content Scores

You can use this list of words and phrases related to the essay topic to create your own TS. Since a TS needs to include words connected to the essay prompt, these will give you multiple ideas for your TS.

Teenagers: Teenagers are young people aged between 13 and 19 years. For example, teenagers are often in school and starting to learn about managing money for the first time.
Principles of Personal Finance: Principles of personal finance are basic guidelines for managing money, including budgeting, saving, and investing. For instance, understanding these principles can help teenagers make smart financial decisions in the future.
Investing: Investing is the act of putting money into something with the expectation of earning a profit. For example, teenagers who learn about investing can grow their savings over time by putting money into stocks or savings accounts.
Debt: Debt is money that is borrowed and must be paid back, often with interest. For example, understanding how to manage debt is important for teenagers to avoid financial problems later in life.
Learning About at a Young Age: Learning about important topics at a young age means gaining knowledge early on, which can shape future decisions. For instance, teenagers who learn about personal finance early can make better choices about money as adults.
Better Management: Better management refers to the ability to organise and control resources effectively. For example, teenagers who learn about personal finance can develop better management skills for their money.
Expenses: Expenses are the costs incurred when buying goods or services. For example, teenagers need to understand their expenses, like food and entertainment, to budget their money wisely.
Savings: Savings are the money that is set aside for future use, often kept in a bank. For instance, having savings can help teenagers prepare for unexpected costs or future goals, like college.
Giving: Giving refers to the act of donating money or resources to others. For example, teaching teenagers about giving can encourage them to support charities or help those in need.
Teaching: Teaching is the process of imparting knowledge or skills to others. For example, teaching personal finance to teenagers can equip them with the tools they need for financial success.

Create your own TS with these suggested words. Then, fill in the template mentioned above and submit it to our AI for evaluation. Keep modifying only the TS until you achieve full scores. This is the fastest way to prepare for the writing section of the PTE Academic exam.

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