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?

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It is considered that the majority of students left school without acquiring knowledge of managing their funds which becomes an alarming situation in most of the country.
This
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essay will
further
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elaborate on the problems along with remedial solutions and
thus
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will lead to a logical conclusion. There are myriad of reasons which are expected to
further
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explain the argument but the most preponderant one stems from the fact that children who belong to richer families get a hefty amount of pocket
money
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which they spend on leisure activities.
For instance
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, young people who are frequently going to the cinema, shopping small, eating out at the restaurant and bars with their partners without considering about thrift and
also
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indulge in dissipation.
Furthermore
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, it results in wastage of
money
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and increases environmental pollution. Another pivotal aspect of
this
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trend is that scholars are not mature enough in cognitive responsibilities except for doing studies.
As a result
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, they do not understand the value of
money
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.
In addition
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, there are some solutions
which
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that
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are not complicated but accessible and practicable.
First
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and foremost, there should be fund management subjects to teach students how to manage their personal expenditures.
Moreover
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, it is pertinent to mention that parents are supposed to limit the
money
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they give their children.
Besides
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, local authorities allow part-time jobs so students know the hard work of
money
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. To recapitulate, the problem of personal’s fund management facing people all over the world.
Nevertheless
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, the potential address discussed helps alleviate
this
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concern and
hence
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, these are instrumental indeed.
Submitted by aronwang1997 on

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Topic Vocabulary:
  • Financial literacy
  • Curriculum
  • Traditional subjects
  • Cultural norms
  • Real-life situations
  • Taboo
  • Technological distractions
  • Real-world experience
  • Economically disadvantaged areas
  • Resource allocation
  • Financial education programs
  • Personal financial management
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