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＋While some people believe children should be taught money management skills at school, others argue that children should receive financial education from their parents. Although learning these financial skills at school has its own advantages to a certain extent, I still believe that teaching how to manage money should primarily be the responsibility of parents.

The greatest advantage of learning money management skills at school lies in its ability to provide children with structured financial courses. By receiving financial knowledge from the same well-qualified sources, students can be exposed to correct guidance and follow a structured curriculum. This enables young learners to learn how to manage money systematically and effectively, thereby encouraging them to apply these financial skills in daily life. For example, when participating in courses that teaching saving or investing, students are guaranteed to follow the same curriculum and graduate with the same level of skills as their fellows. However, although schools provide their students with systematic financial courses, they cannot particularly monitor each kid and address their individual financial circumstances. This limitation nevertheless can be solved by encouraging parents to consider and teach their kids themselves as money management is a daily habit rather than purely academic knowledge.

One argument in favour of parental guidance is that children can learn money management skills based on their behavior and personal financial background. By possessing a profound understanding of their children's spending behavior and their family's financial situation, parents can develop a suitable spending strategy. This allows them to guide their children correctly and monitor consistently, thereby encouraging children to develop financial discipline naturally. By giving children a weekly allowance, for instance, parents are willing to observe their children's spending habits and correct their unnecessary spendings immediately. Consequently, parental guidance play a crucial role in guiding their children in establishing a healthy spending habit that suit their financial circumstances.

Although learning how to manage money at school has its own advantage of providing structured financial courses, parents should have a greater influence because financial habits are formed through daily practice rather than theoretical instruction.