Money plays a big role in almost every aspect of life. Money is important as it means less financial worries, also it gives you the strength to return back to your community, pick charities and create an excess of support for them. Money is primary, as when you have money, it means life is going smoothly. Continuously increasing funding of education has not led to similarly improved student performance. In spite of increasing funding for public education, central and state governments need to implement certain education reforms for the improvement of resource allocation and boost the performance of education.
Which is more important, money or education?
The importance of Money is increasing and Education is regarded to improve the living standards of the family. To quality education, money is found necessary to get a better education. Earning money doesn’t need to be educated at all. It means you can work and earn money also at the time when you are not earning and have a college degree.
Does wealth affect education?
A wealthy person may boast of his finances, he may have proud of his wealth and put education as a secondary option in their life. A poor person has only education as an option to open the door of richness. The socioeconomic gap is likely to affect us for decades to come as such colleges render educational opportunities and access to social networks that probably create high payscale jobs. The children from families with low income are not able to grab the high standards of education.
How poverty affects teaching and learning?
Poverty has to face a number of struggles and daily challenges for children that directly or indirectly impact their learning ability. Due to poverty, the learning ability of children clogs. Poverty creates social, behavioural and emotional problems. It can also cause poor physical and mental health.
How funding can be improved in education?
Here are the following ways, one can improve funding in education:
By dependability on local property taxes for funding education
Making new targets to generate extra funds for assisting poor children
Set funding gaps for individual schools within districts
Bringing improvement in state education funding by means of increased spending on public education.
Money is the major resource that people use for purchasing goods and services. It plays an important role to fulfil basic needs and gather all sources of comfort and pleasure. Although money is necessary to live a prosperous life, still not wise to compare it by the importance of love and care. I hope, you understand the importance of money in education.
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