Learning to manage money is one of the key aspects of adult life. How in your view can individuals best learn to manage their money?

There is no doubt that one of the fundamental aspects of adult life is learning to manage spending

money

reasonably. In my opinion, I believe that individuals can be mainly best learn that from family and school.

To begin

with, one of the main ways that can help young people learn about managing their

money

is through their

parents

.

This

is because

children

usually learn from their

parents

by example;

in other words

, they are affected by the actions of their

parents

.

For example

,

parents

can explain to their

children

that they bought only necessary things and that they save some of their salaries regularly.

As a result

, these

children

will value the importance of saving

money

, and

this

indeed will make them more likely to be successful in managing their

money

in the future.

Secondly

, education can

also

be an important

mean

Fix the agreement mistake

means

show examples

of teaching people how to spend wisely. The reason for

that is

schools provide a way of thinking and solving problems through their subjects and activities.

For instance

, many schools in my country teach to apply what they learned along the year in a summer camping trip and offer prizes for winners. With that in mind, these students obtained the mindset and skills to manage their

money

in adult life. In conclusion,

parents

have a pivotal role in learning their

children

how to handle spending

money

by explaining their actions to their

children

.

Moreover

, schools can contribute to

this

by providing the right mindset and skills.