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
Change the article
the capability
show examples
to manage their finance. There are many reasons behind
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
Fix the infinitive
to know
show examples
how to manage their
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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