Students leave high school without learning the way how to manage their money. What are the reasons and solutions of this issue?

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There is a common
problem
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among high
school
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graduates these days where students are leaving
school
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without any knowledge or skill in personal
money
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management.
This
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essay will outline a
number
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of reasons for
this
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trend and a
number
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of possible solutions to help tackle the issue.
Firstly
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, one of the main causes of
this
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problem
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is that the majority of high
school
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students live with their parents and are completely financially dependent upon them. Most students do not need to work to earn
money
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while at high
school
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, as their parents pay for all their needs, and
therefore
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do not gain any understanding about the realities of earning and saving
money
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. Usually, the only
money
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that students receive is from their parents and
this
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is typically in the form of pocket-
money
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, which is given with the intent of it being spent.
Therefore
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, young people only really learn how to spend
money
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, and not how to earn, save or manage it wisely.
However
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, there are a
number
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of viable solutions to help students deal with
this
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problem
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.
Firstly
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, basic
money
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management skills could be included as a compulsory subject for students in their high
school
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years, which would help equip them with the knowledge and skills to manage their own personal finances when they leave
school
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, move out of home and enter employment. The
second
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possible step that could be taken to help curb
this
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problem
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is through education at home. Parents need to take responsibility to make sure that their children are adequately educated in
such
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matters to ensure their children maintain a successful and independent financial situation after graduating and leaving home. In conclusion,
although
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money
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management is a
problem
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for a lot of
school
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leavers, there are a
number
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of viable solutions to counteract
this
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problem
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.
Submitted by Andy on

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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