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.
Financial management has become the need of an hour for every person whether young or old. In present scenarios, the importance of learning and applying it has enormously degraded among the high school passouts. In this essay, we will delve into various reason for this change and how we can help youngsters to ingrain this in their lives.
To embark on, there are multiple reasons why the knowledge of money management is missing in young generation today. First of all, most of the youth , do not follow the principal of saving money. With increasing sources of income generation, kids feel that earning money is an easy task and they don't want to spend time and thought to save it. Many leave it up to their parents when it comes to handling their investments. In addition, school curriculums also do not include this as a formal subject which makes young people deprived of this skill. In order to compete with their friends, they shed extra bucks on acquiring latest gadgets. parents are somewhere equally responsible for not educating their lads the benefits of overseeing their expenditure.
We can adopt several ways to explain the youth about the paramount importance of controlling their finances. Right from the young age, guardians should teach folks about basic banking functions which will make them capable of managing it independently as they grow older. As teenagers are tech savvy, they should be encouraged to use computers or mobile phones to track their spending which will ultimately make them more interested in doing it. Furthermore, schools and several non government organizations, can play an important role, by occasionally conducting workshop and seminars on accounting.
To conclude with, there is no doubt that youngsters do not have sound understanding of handling finances, however by inculcating the basics from their school days will enable them to follow it in the future as well.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-12-01 | aeropiyush | 89 | view |
| 2019-11-30 | aeropiyush | 84 | view |
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Grammar and spelling errors:
Line 7, column 131, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...in young generation today. First of all, most of the youth , do not follow the pr...
^^
Line 7, column 150, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Put a space after the comma, but not before the comma
Suggestion: ,
... today. First of all, most of the youth , do not follow the principal of saving m...
^^
Line 7, column 298, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: don't
... earning money is an easy task and they dont want to spend time and thought to save ...
^^^^
Line 7, column 346, Rule ID: MANY_NN[1]
Message: Possible agreement error. The noun leave seems to be countable; consider using: 'Many leaves'.
Suggestion: Many leaves
...t to spend time and thought to save it. Many leave it up to their parents when it comes to...
^^^^^^^^^^
Line 7, column 616, Rule ID: THE_SUPERLATIVE[2]
Message: A determiner is probably missing here: 'acquiring the latest'.
Suggestion: acquiring the latest
...their friends, they shed extra bucks on acquiring latest gadgets. parents are somewhere equally ...
^^^^^^^^^^^^^^^^
Line 7, column 642, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: Parents
...xtra bucks on acquiring latest gadgets. parents are somewhere equally responsible for n...
^^^^^^^
Line 13, column 602, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ng workshop and seminars on accounting. To conclude with, there is no doubt that...
^^^^^^^^^^
Transition Words or Phrases used:
also, first, furthermore, however, so, well, in addition, no doubt, first of all
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 7.0 13.1623246493 53% => More to be verbs wanted.
Auxiliary verbs: 10.0 7.85571142285 127% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 6.0 7.30460921844 82% => OK
Pronoun: 33.0 24.0651302605 137% => Less pronouns wanted
Preposition: 47.0 41.998997996 112% => OK
Nominalization: 8.0 8.3376753507 96% => OK
Performance on vocabulary words:
No of characters: 1626.0 1615.20841683 101% => OK
No of words: 314.0 315.596192385 99% => OK
Chars per words: 5.17834394904 5.12529762239 101% => OK
Fourth root words length: 4.20951839842 4.20363070211 100% => OK
Word Length SD: 2.71981058431 2.80592935109 97% => OK
Unique words: 198.0 176.041082164 112% => OK
Unique words percentage: 0.630573248408 0.561755894193 112% => OK
syllable_count: 480.6 506.74238477 95% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 5.43587174349 74% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 8.0 4.76152304609 168% => OK
Performance on sentences:
How many sentences: 15.0 16.0721442886 93% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 36.7979468026 49.4020404114 74% => OK
Chars per sentence: 108.4 106.682146367 102% => OK
Words per sentence: 20.9333333333 20.7667163134 101% => OK
Discourse Markers: 5.33333333333 7.06120827912 76% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 7.0 5.01903807615 139% => OK
Sentences with positive sentiment : 8.0 8.67935871743 92% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 2.0 3.4128256513 59% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.318360633959 0.244688304435 130% => OK
Sentence topic coherence: 0.0866323577637 0.084324248473 103% => OK
Sentence topic coherence SD: 0.0318981073831 0.0667982634062 48% => Sentences are similar to each other.
Paragraph topic coherence: 0.162436110207 0.151304729494 107% => OK
Paragraph topic coherence SD: 0.0566687174834 0.056905535591 100% => OK
Essay readability:
automated_readability_index: 13.4 13.0946893788 102% => OK
flesch_reading_ease: 59.64 50.2224549098 119% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 9.9 11.3001002004 88% => OK
coleman_liau_index: 12.76 12.4159519038 103% => OK
dale_chall_readability_score: 8.9 8.58950901804 104% => OK
difficult_words: 85.0 78.4519038076 108% => OK
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?
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Rates: 89.8876404494 out of 100
Scores by essay e-grader: 8.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.