Nowadays young people lack an understanding of how to manage their finances after they finish high school. Explain why they do not know how to manage money and how this can be changed. Give reasons for your answer and include any relevant examples from your own knowledge or experience.

The fact that youth lack
knowledge
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the knowledge
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to manage their finances is
matter
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a matter
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of grave concern.The purpose of
this
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essay is
outline
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to outline
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possible reasons behind
this
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trend and to suggest some
remedical
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remedial
measure
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measures
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. Among the reasons, the most prominent
is
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are
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parents
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' and schools' unawareness regarding
this
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subject
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.
Parents
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are primary caregivers of a child, starting from the toddler stage to the adult stage. They do not consider it a crucial
subject
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to teach to their child or an adult. Sometimes
parents
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also
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lack
money
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management skills, or they are in debt.
In addition
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to
this
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,
parents
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are fulfilling all their kids' needs or giving them pocket
money
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ruthlessly so that the youngest hardly think to manage it, as they are getting it without any worry. Another possible factor could be school's curriculum doesn't involve
subject
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matter related to organizing
money
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.
Hence
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, students hardly acquire any skills related to managing finances. Despite the depth of the situation, there are workable solutions at our disposal. One would be that
Parents
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need to take a step to teach their kids about
money
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,
such
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as how they earn it by working hard day and night, so it should be spent wisely.
In addition
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to
this
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, pocket
money
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given to them should not be enormous but limited to teach them the value of it. Another step forward could be for schools should take the initiative to give financial education to scholars in high school by teaching it as a
subject
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or through organising workshops or seminars related to managing currency. In
concusion
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conclusion
,
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parents
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parents'
parent's
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and academic
institutions
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institutions'
institution's
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avoidance
appear
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appears
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to be the root cause of
this
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issue.
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However
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However,
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it can be resolved by limiting pocket
money
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given by
parents
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to children and imparting
knowlege
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knowledge
related to
earing
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earning
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wealth and schools can
instill
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instil
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money
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management skills by teaching it as a
subject
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.

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task achievement
Make sure your introduction clearly states your main points and summarizes what you will discuss.
coherence and cohesion
Use clear paragraphs for each point you make, and ensure each paragraph has a clear topic sentence.
task achievement
Add more specific examples to support your ideas, as this will strengthen your argument.
task achievement
You have identified important reasons why young people struggle with money management.
coherence and cohesion
Your conclusion summarizes your ideas well, linking the issues back to the solutions.

Support ideas with relevant, specific examples

Examples make your writing easier to understand by illustrating points more effectively.

Examples, if used properly, not only help you get higher marks for ‘Task Response’ but also for ‘Coherence’.

When giving examples it is best to put them after your main idea or topic sentence. They can be used in the middle of supporting sentences or they can be used to start a new sentence. There is no rule for where exactly to give examples in essays, logically they would come after your main idea/topic sentence or just after a supporting sentence.

Linking words for giving examples:

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example
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