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Band 5+: Some high school students leave school without a good understanding of how to manage their money. What are the reasons for this? What can be done to improve their understanding?

Note: Both the topic and the essay were created by one of our users.

Leaving schools without basic knowledge of managing money has become common trend for some younger people. While those who left early have several reasons that explain why is this case, there are several measures that can be taken to remedy that concern.

To commence, the motives, cause younger generation to become uneducated in terms of controlling money, vary. Firstly, the content of current some subjects, including math and economics of country, are becoming more complex. To be precise, while younger generation come school to seek interesting topics, those above mentioned subjects are more likely to discourage them from gaining knowledge about basics of calculating. For example, in Uzbekistan, younger people are now being forced to learn challenging formulas of Algebra, which students in their future life will never face or use. Aside from this, parents oppose to give money to their children more than needed. This, in turn, bring about the worse results, such as losing confidence to spend on which item.

Nevertheless, there are several measures that can be implemented by the minister of education and parents. Initially, the ministry of education should change and add some lessons about controlling own money in real life, and the minister can remove some difficult concepts about math. After that, teachers at school can teach lessons how to manage money successfully and make younger individuals prepared for future life. Additionally, parents can teach younger generation techniques how to have strong control over money. For instance, parents can show how much money is enough for household bills, daily expenditures, and doing shopping. As a result, the younger individuals may learn to manage money and improve their economy by doing savings.

In conclusion, whereas the reasons-dull topics of subjects and less care of parents-cause younger generation to become uneducated about managing money, the solutions-changing or removing complicated formulas in subjects by the ministry of education and strong parental control- can bring younger generation to successful life.

Word Count: 322

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