Students leave high school without learning the way how to manage their money. What are the reasons and solutions of this issue?
One the past few years, because of the lack of adequate amount of financial studies, students are out of school without
money
management skills. The underlying reasons along with feasible solutions is
analysed in the ensuing paragraphs concerning the problems caused by the abundance of financial studies.
Correct subject-verb agreement
are
This
issue might be attributed to two major reasons. Firstly
, although
the school curriculum focuses on detailed studies on different topics such
as science and technology, they struggle in providing proper knowledge in money
management. For instance
, maths teaches them to perform complex arithmetical calculations rather than teaching them how to use money
wisely in real life
. Moreover
, instead
of instructing students how to use money
in productive ways, tutors give applied classes
on how to land high-paying jobs. To explain further
, after getting placed in a job role with a high pay scale without apt ideas, they might find it tedious to meet ends and pay bills. Therefore
, the absence of financial classes
can create potential side effects in every individual's life
.
On the other hand
, there are plausible measures that can be implemented to tackle the situation. Even though the schools provide basic financial sessions, the trainers should include activities like a savings account among students from a young age itself. Additionally
, classes
regarding investment plans and ideas about stocks should be provided along with other classes
. When children have an idea of real-life
money
management and fund flow, it will have a substantial change in the long run. Furthermore
, when the Younger generation is well educated in terms of the idea of currencies, it might pave the path to not only a society with a sheer number of intelligent investors but also
a society with superior economical standards.
To conclude, the lack of fund using skills is an acute problem because it induces impacts on people's life
. Even though this
challenge is improbable to be eradicated within a short span, providing practical lessons and a better idea about money
flow from schools might help to mitigate the detrimental effect it has on people's life
.Submitted by rlnambiar98 on
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