Student leave high school without leaving the way how to manage their money. What are the reason and solution of this issues?

It is true that numerous high school leavers have not equipped with the knowledge and

skills

to manage their own personal finances. There are various reasons for

this

, but measures could be taken to tackle the problem. To commence with, one of the leading causes of

this

trend is overindulgence and overprotection from

parents

. The majority of high hall graduates usually live with their

parents

and are entirely financially dependent upon them. Typically,

parents

provide their offspring with expenditure in the form of pocket bills;

therefore

, many children take their

parents

' material support for granted. As high department leavers only know how to receive pay

instead

of earning or saving it wisely, they are unaware of the paramount importance of wealth and tend to lavish funds upon unnecessary purchases without forethought. Another cause is that the educational system places more emphasis on theoretical subjects like math and science, whereas essential soft

skills

, including personal financial management, are being neglected.

As a result

, the student is poorly provided with the knowledge and understanding of managing payment.

However

, solutions can be considered in order to help students deal with

this

complication.

Firstly

, educators should include capital managing lessons in the academic curriculum in the form of an optional subject.

This

subject is able to raise children's perception of the bill's value as well as various methods to balance their expenditure and income after leaving the institution and entering employment. Children,

therefore

, gradually form-wise spending habits and

skills

to control their spending. The

second

possible solution that could be taken to help curb

this

complication is education at home.

Parents

should take responsibility to ensure that their offspring are adequately educated with the knowledge and skill to maintain their financial situation after graduating from the high academy. In conclusion, it is clear that there are various reasons for the lack of financial management

skills

of high faculty leavers, and steps need to be taken to counteract

this

complication.