Many young people do not know how to manage their money when graduating high school. What do you think are the reason what can be done to teach them this important skills
Nowadays, more a more youngers who have just graduated high school have a lack of knowledge about managing their financial resources.
While
the main reason is financial independence provided by younger parents
, the essential skills could be solved by trading lessons about the economy at academies.
Parents
who do not set limits to investing money
could be considered as the main reason why the younger generation does not know how to manage their financial resources. Youth should care about neither taking money
nor the amount or way of spending it since parents
would constantly cover their expenses. For instance
, when adults have the freedom to spend money
, they own items that actually are not affordable or necessary. As a result
, they would keep up with this
habit and might become bankrupt. Therefore
, Parents
are the main characters why teenagers cannot invest cash rationally
Although
parents
have led to this
issue, it could be solved by involving workshops about the financial pyramid as well as
business at schools. If applicants have this
subject they will be able to cope with financial difficulties since they have been educated in this
commerce. For example
, when there are lessons about finances at academies, pupils can not only own necessary goods but also
save them with profits such
as in banks. Thus
, trading lessons could provide a littered generation in this
field.
In conclusion, the main objects that contribute to unacknowledged youngsters in money
management are their parents
, while
the solution is at school environments and faculties they have. If we had this
answer previously, we would be protected from financial tricksSubmitted by makemoneyizzy16 on
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