Students leave high school without learning the way to manage their money. What are the reasons and solutions of this issue?

It is true that many high school leavers encounter a lack of financial

management

knowledge.

This

trend is driven by several factors, and some viable solutions can be implemented to improve students'

money

skills through academic education and their

parents

. There are two compelling reasons why students completing upper-secondary education lack the methods of managing their

money

. The main reason is that most schools solely attach importance to curriculum

instead

of adding extra classes

such

as

money

management

. If high school graduates must do multiple tasks simultaneously like both studying academic subjects and financial

management

skills, which puts a strain on their shoulders and leads to their lower academic performance.

Secondly

,

parents

often tend to think that it is not important for children to have access to the amount of

money

at the age of adolescence. Since their important tasks are to study, teaching how to manage their

money

is very abundant. In order to address the aforementioned issue, high schools and

parents

are two main factors to address .

Firstly

, schools should add extra

money

management

courses for students to accumulate their knowledge in each annual summer vacation, which helps avoid strong pressure on main subjects in the academy's terms.

Secondly

, it is necessary to organise some outdoor activities

such

as travelling or going on holiday by

parents

, which creates a good environment to approach

money

administration.

For instance

, a majority of children receive an allowance to spend their journey by themselves, helping them learn the ways to manage their

money

intelligently. In conclusion, high school graduates are not taught about

money

authority which can stem from various underlying factors, and the proposed solutions can be executed to reverse the trend.