At present, the world is experiencing a rising trend in stages of consumer debt. By establishibg a new mandatory course about personal finances management in secondary schools can mitigate the mentioned problem. Rather than supporting this statement entirely, I will take a stand partially along with a solution to this problem.
Now-a-days people are spending extreme amount of money in purchaisng unnecessary things. Because of this reason, their facing trouble in distributing their budget which results in increasing tendency to take loans. To return that huge porportion of debt, they have to experience more difficulties.Thus being concern in balancing and returning, they almost overlook the savings regarding their future necessities. So to solve these matters, people should have a clear concept of managing the personal finances.Therefore, these concept of personal finace management should be introduced in secondary schools which will train them to perpetuate proper balance in between investment and income.
I am not completely agree with this fact of introductory topic of personal finance management. Firstly, people are influenced by social media for instance facebook, twteer, instagram are now platforms of showing off individulas wealth and luxurious lifestyle. Scrolling those social media pages has become the habit of pupil which makes them tempted to fancy products. To fulfil their temptation of displaying those fancy accessories in social platforms, they are wasting too much money and if they run out fo money to buy those, they intend to take loans. Secondly, social stress and monotony which are responsible for dysfunction in mental health often manupulate people to expend a lot of penny in inessential sectors. Folks visit the shopping malls and purchase fancy and luxury staffs to break the monotony of life and to find relief from stress. No matter how much knowledge of particular finance topic
is delivered to folks, without selfawareness this kind of habit can not be altered. Therefore, from my point of view, not only educating to handle the personal budget but also training people psychologically to become aware of their expenditure, will reduce this debt problem. For example, arranging workshops related to perception of intellectual health can be play and useful role in this regard.
To sum up, the solution to growing debt complications can be brought by equalizing both academical and psychological education that will emerge cociousness among people.
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Title: The Importance of…
Title: The Importance of Teaching Personal Finance in Secondary Schools
In an era marked by increasing levels of consumer debt worldwide, the question of how to address this issue becomes paramount. One potential solution lies in the introduction of a new subject in secondary schools: personal finance education. This essay will delve into the significance of teaching personal finance and present arguments in favor of this proposal, concluding with my own opinion on the matter.
First and foremost, introducing personal finance education at the secondary school level equips young individuals with essential life skills. In the modern world, managing one's finances effectively is a crucial aspect of adult life. Without a solid understanding of personal finance, many individuals may fall into debt traps, struggle with budgeting, and make uninformed financial decisions. By offering a structured curriculum on personal finance, secondary schools can help students develop financial literacy, enabling them to make informed choices about saving, investing, and spending.
Furthermore, personal finance education fosters financial responsibility and independence. Adolescents often lack the knowledge and experience required to handle financial matters wisely. Teaching them the basics of budgeting, saving, and understanding financial instruments can empower them to make responsible choices. This knowledge can lead to a more financially secure future, reducing the likelihood of accumulating unsustainable levels of consumer debt.
In addition to the practical benefits, personal finance education can contribute to improved societal financial stability. A population with a better understanding of personal finance is less likely to default on loans or require extensive financial assistance. This, in turn, can relieve some of the financial burdens on governments and financial institutions, which often need to intervene when individuals face insurmountable debt.
However, it's essential to acknowledge potential counterarguments. Critics may argue that the existing curriculum is already saturated, leaving little room for additional subjects. To address this concern, personal finance education can be integrated into existing subjects, such as mathematics or economics, to ensure it does not add an excessive academic burden. Additionally, some may contend that parents should be solely responsible for teaching their children about personal finance. While parental guidance is valuable, not all parents possess the necessary financial knowledge or are actively engaged in such education.
In conclusion, the introduction of personal finance education in secondary schools is a proactive step towards mitigating the global issue of rising consumer debt. This subject equips students with essential life skills, promotes financial responsibility, and contributes to overall societal financial stability. While there are valid concerns about curriculum overcrowding and parental responsibility, these challenges can be addressed through thoughtful integration and support. Personally, I firmly believe that teaching personal finance in secondary schools is a vital step toward shaping financially responsible and empowered citizens, and it should be implemented as a necessary part of the education system worldwide.
Grammar and spelling errors:
Line 3, column 298, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Thus
...ey have to experience more difficulties.Thus being concern in balancing and returnin...
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Line 3, column 510, Rule ID: SENTENCE_WHITESPACE
Message: Add a space between sentences
Suggestion: Therefore
...ncept of managing the personal finances.Therefore, these concept of personal finace manag...
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Line 3, column 521, Rule ID: THIS_NNS[2]
Message: Did you mean 'this concept' or 'these concepts'?
Suggestion: this concept; these concepts
...naging the personal finances.Therefore, these concept of personal finace management should be...
^^^^^^^^^^^^^
Line 5, column 684, Rule ID: A_LOT_OF_NN[1]
Message: Possible agreement error. The noun penny seems to be countable; consider using: 'a lot of pence', 'a lot of pennies'.
Suggestion: a lot of pence; a lot of pennies
...ealth often manupulate people to expend a lot of penny in inessential sectors. Folks visit the...
^^^^^^^^^^^^^^
Line 5, column 903, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...how much knowledge of particular finance topic is delivered to folks, Without sel...
^^^
Transition Words or Phrases used:
also, but, first, firstly, if, look, regarding, second, secondly, so, therefore, thus, for example, for instance, kind of, to sum up
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 12.0 13.1623246493 91% => OK
Auxiliary verbs: 10.0 7.85571142285 127% => OK
Conjunction : 11.0 10.4138276553 106% => OK
Relative clauses : 6.0 7.30460921844 82% => OK
Pronoun: 29.0 24.0651302605 121% => Less pronouns wanted
Preposition: 65.0 41.998997996 155% => OK
Nominalization: 17.0 8.3376753507 204% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 2129.0 1615.20841683 132% => OK
No of words: 385.0 315.596192385 122% => OK
Chars per words: 5.52987012987 5.12529762239 108% => OK
Fourth root words length: 4.4296068528 4.20363070211 105% => OK
Word Length SD: 3.01002541414 2.80592935109 107% => OK
Unique words: 236.0 176.041082164 134% => OK
Unique words percentage: 0.612987012987 0.561755894193 109% => OK
syllable_count: 659.7 506.74238477 130% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 8.0 5.43587174349 147% => OK
Article: 2.0 2.52805611222 79% => 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: 17.0 16.0721442886 106% => OK
Sentence length: 22.0 20.2975951904 108% => OK
Sentence length SD: 47.9772870138 49.4020404114 97% => OK
Chars per sentence: 125.235294118 106.682146367 117% => OK
Words per sentence: 22.6470588235 20.7667163134 109% => OK
Discourse Markers: 7.76470588235 7.06120827912 110% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 5.0 5.01903807615 100% => OK
Sentences with positive sentiment : 6.0 8.67935871743 69% => OK
Sentences with negative sentiment : 9.0 3.9879759519 226% => Less negative sentences wanted.
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: 0.218116091704 0.244688304435 89% => OK
Sentence topic coherence: 0.0627304795954 0.084324248473 74% => OK
Sentence topic coherence SD: 0.0635798746724 0.0667982634062 95% => OK
Paragraph topic coherence: 0.118342369841 0.151304729494 78% => OK
Paragraph topic coherence SD: 0.0678086799201 0.056905535591 119% => OK
Essay readability:
automated_readability_index: 15.9 13.0946893788 121% => OK
flesch_reading_ease: 40.69 50.2224549098 81% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 13.1 11.3001002004 116% => OK
coleman_liau_index: 15.09 12.4159519038 122% => OK
dale_chall_readability_score: 9.69 8.58950901804 113% => OK
difficult_words: 121.0 78.4519038076 154% => OK
linsear_write_formula: 9.0 9.78957915832 92% => OK
gunning_fog: 10.8 10.1190380762 107% => OK
text_standard: 11.0 10.7795591182 102% => 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.