A lot of young people do not know how to manage their money when graduating from high school. What do you think are the reasons? What can be done to teach them this important skill

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In different countries around the world, many youngsters in secondary schools are not able to control their financial budgets in good ways. There are some reasons leading to

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situation, but certain measures can be taken to alleviate

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problem.

To begin

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with, there are several causes for the youth's little knowledge about monetary planning.

Firstly

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, the total dependence on their parents for taking planning decisions in their life at that period. Fathers sometimes think that they can make better choices and over spoil their children by executing every demand.

For example

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, buying pupils unnecessary computer games without any task to be done in return.

Secondly

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, the current educational curriculums do not discuss the financial and managerial sciences as a separate subject for high school students. There are no graduation projects that can train them to earn profits or employ their savings.

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, there is no value for cash flow and no awareness related to how to manage it at that age.

On the other hand

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, to teach pupils to develop

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important skill there are two simple solutions. As a start. parents should make good plans to teach their children from earlier ages to control and regulate their savings. Mothers should not offer purchase entertainment needs except with some returns.

Furthermore

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, adding specialised courses for teaching pupils the importance of controlling cash flow.

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, introducing secondary school social projects that depend on raising and utilizing money in order to help the students to understand and appreciate monetary values. To conclude, spoiling of parents and limited numbers of financial curriculum courses offered to students led to weak awareness of money planning among

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age group.

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this

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situation can be corrected by simple measurements at home or by educational institutions.

moh_znoTue Jul 05 2022

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Your opinion

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10
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meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

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Overall Band Score

Coherence and Cohesion: 9.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 4.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

293 words

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Topic Vocabulary:

financial literacy
real-world applications
consumer culture
credit facilities
financial independence
practical financial literacy
manage finances
financial responsibility
money management
financial planning
tailored
accessible

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A lot of young people do not know how to manage their money when graduating from high school. What do you think are the reasons? What can be done to teach them this important skill

Your opinion

THE WORLD TODAY IS A SAFER PLACE THAN IT WAS A HUNDRED YEARS AGO, AND GOVERNMENT SHOULD STOP SPENDING LARGE AMOUNTS OF MONEY ON THEIR ARMED FORCES. To what extent do you agree

Shopping habits depend more on your age group than anything else. To what extent do you agree or disagree? write 250 words

Many museums charge for admission, while others are free. Do you think the advantages of charging people for admission to museums outweigh the disadvantages?

Food travels thousands of miles from producer to consumer; some people believe that eating exclusively local food produced by farmers would be healthier for the environment and the economy.' To what extent do you agree or disagree?

youger people need to be treated like adults if they commited a crime