Students in some countries leave school without good understanding of how to manage their money. What do you think are the reasons? What are the solutions to this problem?
It is true that many
school
leavers do not have capability
to manage their finance. There are many reasons behind Change the article
the capability
this
issue. And education providers and parents
can take steps to address this
problem.
There are various reasons that can cause young people
do not know
how to manage their Fix the infinitive
to know
money
. The main reason is that most schools do not offer financial courses to students. For example
, I never learned anything about how to look after my financial situation when I was in school
. Furthermore
, many parents
nowadays are stoping trach their children about financial knowledge because many of them prioritised other subjects, such
as math, English and science. As a result
, personal financial management, an essential skill, gets left out.
There are certainly some measures that can be taken to solve the issue. Most important, primary schools should make financial classes mandatory for every student. Moreover
, students need to pass the financial classes to graduate. By doing this
, every student will have some fundamental knowledge about money
and how to manage it. On the other hand
, parents
also
play a very important role in educating young people
about financial management skills. Parents
should encourage young people
to practice on manage money
. For example
, parents
can open bank accounts for their children and let them run accounts by themselves.
In conclusion, young people
do not know how to manage money
because school
and parents
do not teach them. In order to solve this
question, it requires effect from both school
and parents
.Submitted by tianyawa on
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