Many young people do not know how to manage their money when graduating high school. What do you think are the reasons? What come be done to teach them this important skill?

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In the contemporary era, financial management is a key
in
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to
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ensuring security in life. It is often believed that youngsters
renders
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render
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a little by way of
this
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management after finishing their studies
from
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at
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school.There are
serveral
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several
causes behind
this
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,
however
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, with the caution of exercises can be dealt with effectively.
To begin
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with,
dearth
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the dearth
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of family time is the prominent reason behind insufficient knowledge related to handling money matters for juveniles.
In other words
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, most of the parents are involved in
full time
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full-time
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jobs and
due to
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thronged gravelling schedules they could not get enough time to spent with their
progency
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progeny
pregnancy
to inculcate indispensable values as
such
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this
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.
Nextly
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, educational institutions
focuses
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focus
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more on traditional academic curricula which easily allows them to neglect societal topics that could be beneficial for their future. To illustrate, it is commonly seen that schools pay attention only
on
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to
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high scores in subjects
such
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as mathematics,
science
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and science
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but there is no
such
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subject in their syllabus which can elaborate and teach them about
the
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apply
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cash handling.
Nonetheless
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, there are some
of
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apply
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the
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apply
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exercises that can
readdress
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address
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this
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issue.
Firstly
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, parents should be obliged to keep their
progency
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progeny
pregnancy
aware
about
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of
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the significance of ensuring some savings from their childhood so that it can be beneficial in their unwanted circumstances.
Furthermore
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,
with
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apply
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timely scrutinization of their pocket expenditures by guardians during childhood days can be beneficial later on. For
an
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apply
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example, peer pressure can be effectively dealt
by
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with by
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parents
comprehensive
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comprehensively
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towards kids spending for only required items.
Secondly
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, it is essential for schools to introduce
these kind
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this kind
these kinds
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of courses or awareness
programmes
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programs
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which can help them
to
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apply
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fight with financial crisis in future.
To conclude
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, collaborative efforts from both home and school can make sure that
younsters
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youngsters
are ready to
mange
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manage
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their
finance related
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finance-related
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issues in the future.

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task achievement
Improve the clarity of your thesis statement. Specify what you mean by 'financial management' in your introduction to guide the reader more effectively.
coherence and cohesion
Ensure that your paragraphs have clear topic sentences that guide the reader on what each paragraph will discuss.
coherence and cohesion
Work on sentence structure and grammar to enhance the readability of your essay. Consider breaking longer sentences into shorter, clearer ones.
task achievement
Include more specific examples to illustrate your points, especially when mentioning the role of parents in teaching financial management.
task achievement
You have identified relevant causes for the lack of financial management skills among young people, such as parental involvement and educational focus.
coherence and cohesion
Your conclusion effectively summarizes the main points and reiterates the importance of both home and school in addressing this issue.

Your opinion

Don’t put your opinion unless you are asked to give it.

If the question asks what you think, you MUST give your opinion to get a good score.

Don’t leave your opinion until the conclusion.

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...do you agree or disagree?...do you think...?...your opinion...?

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Topic Vocabulary:
  • financial literacy
  • real-world applications
  • consumer culture
  • credit facilities
  • financial independence
  • practical financial literacy
  • manage finances
  • financial responsibility
  • money management
  • financial planning
  • tailored
  • accessible
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