In today’s modern era, most of the schools concentrate on theory subjects such as math, chemistry, physics. They neglect the importance of social subjects, especially money management. Therefore, most high school graduates lack knowledge or skill in personal money management. This essay will point out the causes and give solutions to tackle this problem.
First and foremost, students are still financially dependent upon their family. In fact, some parents believe that the child should focus on achievement, not need to worry about money. Therefore, they have yet to earn their own money and just receive an allowance from parents weekly or monthly.
Another point worth mentioning is the shortage of qualified teaching staff. Trainers are supposed to achieve well-being and also wealthiness. As a result, the scheme to include money management in the school curriculum is not viable, especially on a large scale.
Admittedly, the optimal solution to deal with this situation is that parents should keep pace with trends and bridge the generation gap to deliver money management lessons in an effective way. To be more specific, they make full use of online media platforms, especially Tiktok to convey the sense of earning and saving money. Furthermore, students follow the reputed person or KOLs, KOCs deliver money management lessons. Thus, youngsters will be inspired by figures with affinity and also raise awareness about that lesson.