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?

#students #school #money #students’ #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 Sat Aug 06 2022

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8Linking words
meeting the goal of 7 or more
0Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

293 words

0123456789.0505

Overall Band Score

Coherence and Cohesion: 6.0

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: 6.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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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?

Support ideas with relevant, specific examples

Ultimate Speaking practice for IELTS

There are more and more older people who are looking for work and have to compete with younger people for the same jobs. What problems does this cause? What are some possible solutions?

Many people like to eat unhealthy food even though they know that it is bad for them. Why is this the cause? What measures can effectively improve people’s unhealthy eating habits?

In some cultures, children are often told that they can achieve anything if they try hard enough. What are the advantages and disadvantages of giving children this message?

me countries, many people do not have enough money to access the internet. Should governments be responsible for ensuring that everyone can get access to the internet?

More students decided to take a part-time job when they go into universities. Do you think it is a positive or negative development?

Essentional vocabulary list for IELTS Writing 7+