In many countries students who leave high school have no understanding of how to manage their money. Why is this case? What can be done to improve students’ understanding of how to manage personal finance？

It is easy to notice that many high school

students

are

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apply

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lack of ability to manage how to spend their

money

properly.

This

essay will analyze the main reasons and offer some possible solutions. One major reason leading to the poor awareness of personal finance lies in the fact that overindulgence and overprotection from

parents

lead to the unawareness of the paramount importance of

money

for

student

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students

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.

For example

, some

parents

pay over the amount of pocket

money

to children

,

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or purchase expensive electronics for adults.

Therefore

,

students

tend to have no proper guidance over lavishing

money

upon unnecessary purchases without forethought. Another reason worth mentioning is that the education system pays more attention to

students

’ academic performance.

Consequently

,

students

are not always able to take sensible precautions for managing the budget. Especially considering the fact that

students

today tend to prioritize short-term needs and wants over long-term goals,

parents

and schools should do something to make a difference. I think the key factor to alleviating the situation is for

parents

and schools to pay more attention to the perception of

students

’

money

value.

For example

,

parents

could help

students

know what is important before purchasing,

exploring

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explore

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the

rule

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rules

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by finishing household work and

rewarding

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reward

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the pocket

money

with the purpose of teaching them how to make

money

. Schools should place more emphasis on essential soft skills, including personal financial management. Teachers can take the practice case in their syllabus and make

students

involved in real-life stories. In

this

way,

students

are more likely to be adequately educated and able to manage their

money

in the future.

To conclude

, the

student's

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students'

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awareness of

lacking

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the lack of

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dealing with personal finance should be addressed from the

effort

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efforts

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of

parents

and

school

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the school

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as well.