Students leave high school without learning about how to manage their money. What are the reasons for this? What can be improved in students’ understanding of how to manage their finances?

Many students don’t have the basic and vital understanding of personal finances.
This
lack of knowledge is due to no experience and limited education. Managing money should be taught from early in life so that when graduates go out into the real world, they know how to handle their money. The impending paragraphs will discuss various reasons which are responsible for insufficient financial knowledge among passed outs and the solutions to improve their understanding of commerce.
To begin
with, high institutes offer only a limited curriculum to the freshmen and a course for personal financial management is not a part of their outline.
Instead
, schools focus on classic subjects
such
as maths, science, geography, and languages. Another reason can be most finalists live with their parents for free. Almost everything, food, shelter, and clothes they receive at no cost.
As a result
, children fail to learn the importance of capital. Both teachers and guardians are failing to prepare young people for the actual world.
However
, there are several ways to solve the students’ inability to manage their cash.
Firstly
, universities should add a life skill subject in their syllabus
this
will allow the sophomores to learn in a supportive environment, and how to budget their balance sheet and manage to avoid debts later in life.
Secondly
, parents should teach their children how wage is earned, saved, and spent. One simple step could be children should be granted allowances only after they complete assigned work and make them read newspapers which contain information about managing personal funds. In conclusion, young people are deficient in financial knowledge due to the ignorance of schools and parents, which can be tackled if both take responsibility by teaching the right skills and imparting practical education to the students.
Submitted by chughkirat06 on

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

Support ideas with relevant, specific examples

Examples make your writing easier to understand by illustrating points more effectively.

Examples, if used properly, not only help you get higher marks for ‘Task Response’ but also for ‘Coherence’.

When giving examples it is best to put them after your main idea or topic sentence. They can be used in the middle of supporting sentences or they can be used to start a new sentence. There is no rule for where exactly to give examples in essays, logically they would come after your main idea/topic sentence or just after a supporting sentence.

Linking words for giving examples:

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

Discover more tips in The Ultimate Guide to Get a Target Band Score of 7+ »— a book that's free for 🚀 Premium users.

What to do next:
Look at other essays: