students leave high school without learning the way how to manage their money. what are the reasons and solutions for this issue?
Many young
student
are leaving school without a basic and vital understanding of how personal finances ought to be managed in the adult world. Change to a plural noun
students
This
lack of knowledge is due to
a lack of life
experience and limited education which can be solved in several ways.
One main reason why so many young people are unable to manage their own finances upon finishing high school is that they have been living with their parents
for free. As a result
, they have never needed to earn a salary or save their money
in order to pay bills such
as phone bills or mortgage. Another cause is that schools
do not have any course
for personal financial management in their outline. Fix the agreement mistake
courses
Schools
focus instead
on classic subjects, such
as mathematics, geography, history and languages, which means important life
skills
are not being taught. Both teachers and parents
are failing to prepare young people for the real world.
However
, there are several methods for solving young students’ inability to manage their money
. Firstly
, parents
should spend time with their children teaching them how money
is earned and used for either savings or expenses. One simple step could be for parents
to start by teaching younge
children how to manage their pocket Correct your spelling
young
younger
money
and, as their child grows up, expand into more serious household costs. Secondly
, schools
should add life
skills
into their curriculum for students especially
Add the comma(s)
, especially
final year
students. In Add a hyphen
final-year
this
way, children will be able to learn in a supportive environment how their finances need to be budgeted and managed to avoid debt problems later in life
.
In conclusion, young people lack financial management skills
due to
the ignorance of parents
and schools
, which can only be tackled if both take more responsibility for teaching school leavers with
the right Change preposition
apply
skills
.Submitted by demi990201 on
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