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

#students #school #money

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It is said that lack of money management skills is common in high school graduates and

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is caused by many reasons. In my view, there are a lot of solutions that may tackle

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problem. The foremost source for

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issue is that schools do not or only teach their students a few essential economical knowledge and skills. A good example is the Australian Curriculum acknowledges students need financial literacy to operate in our financial world.

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this

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curriculum only covers up to year 10. Its other root is that adults do not want to teach them. In order to avoid passing the misleading knowledge that could lead to bad money habits, parents and

teachers

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feel discomfort to teach children.

According to

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US News, approximately 64 per cent of Wisconsin

teachers

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surveyed by the University of Wisconsin—Madison said they felt unqualified to address the state's financial literacy standards.

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, there are various ways that society could apply to tackle

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obstacle.

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, educators, which are adults, need to be educated structurally by authorities in

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field.

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, youngsters may research and

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study the economy by themselves on trusted websites or documents.

For instance

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, people can corporate with the National Endowment for Financial Education (NEFE), a nonprofit that provides

teachers

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with personal-finance training tools and the public with financial education resources on its website, Nefe.org. In conclusion, society and individuals could certainly implement a range of measures

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as educating

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and parents and self-studying to solve the lack of finance management skills in high school graduates.

Submitted by cathyngo1512 on Mon Jul 17 2023

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Lexical resource: 8.0

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4 paragraphs

258 words

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

Your opinion

With the appearance of electronic devices such as computers and televisions, residents actually work out less which has negative effects on their health. Do you agree or disagree?

According to some people, death penalty must be used as a punishment for people who committed serious crimes. What are the advantages and disadvantages of capital punishment?

Some people suggest that bringing up children by the whole family including uncles, aunts and grandparents is better, rather than only by parents. To what extend are you agree or disagree

The way someone dresses speaks volumes about their personality. To what extent do you agree?

Some high schools have a requirement that students must complete a certain amount of volunteer work in order to graduate. What do you think about this type of requirement? Give details to support your opinion.