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

Essay topics:

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.

As per the UNICEF report, many young students, who finish high school, are not able to manage personal expenses and facing the financial problem. This lack of knowledge is due to limited education and lack of life experience which can be addressed by two simple ways.

Youth do not have rudimentary and vital knowledge of finance due to multiple reasons. The first and foremost reason is that parents take care of children expenses fully until they finish their high school study. Therefore, students have no prior experience in earning money. If parents teach children money management during high school, then they will understand the importance of money and spend the money in the limit. Furthermore, schools administration focus only on subjects such as Mathematics, Physics, History and Geography, and do not give importance to finance topic which is required skill to lead a successful life. Thus, students get away from the learning of the vital life skill in high school. Thus, both parents and schools are unable to prepare the children to manage the financial matter.

There are mainly two ways by which children can gain the financial knowledge. Firstly, school management should include the finance-related curriculum in the high school course, so that, students will have theoretical knowledge of finance. Secondly, Parents should also monitor how children are spending their pocket money, and guide them to use the money on required items. This way, children will come to know how to budget the money so that they avoid debt.

To conclude, young students inability to manage their financial matters is due to lack of attention and negligence of parents and schools, which can be solved if both of them take responsibility for guiding and supervising the school leaver.

Votes
Average: 8.3 (5 votes)
This essay topic by users
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Essays by user johnmathewg :

Comments

Grammar and spelling errors:
Line 2, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...h can be addressed by two simple ways. Youth do not have rudimentary and vital ...
^^^
Line 7, column 20, Rule ID: POSSESIVE_APOSTROPHE[1]
Message: Possible typo: apostrophe is missing. Did you mean 'students'' or 'student's'?
Suggestion: students'; student's
... they avoid debt. To conclude, young students inability to manage their financial mat...
^^^^^^^^

Transition Words or Phrases used:
also, first, firstly, furthermore, if, second, secondly, so, then, therefore, thus, such as

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 10.0 13.1623246493 76% => OK
Auxiliary verbs: 8.0 7.85571142285 102% => OK
Conjunction : 12.0 10.4138276553 115% => OK
Relative clauses : 8.0 7.30460921844 110% => OK
Pronoun: 13.0 24.0651302605 54% => OK
Preposition: 34.0 41.998997996 81% => OK
Nominalization: 14.0 8.3376753507 168% => OK

Performance on vocabulary words:
No of characters: 1503.0 1615.20841683 93% => OK
No of words: 289.0 315.596192385 92% => More content wanted.
Chars per words: 5.20069204152 5.12529762239 101% => OK
Fourth root words length: 4.12310562562 4.20363070211 98% => OK
Word Length SD: 2.65728625568 2.80592935109 95% => OK
Unique words: 155.0 176.041082164 88% => More unique words wanted.
Unique words percentage: 0.536332179931 0.561755894193 95% => OK
syllable_count: 452.7 506.74238477 89% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 3.0 2.10420841683 143% => OK
Conjunction: 2.0 0.809619238477 247% => Less conjunction wanted as sentence beginning.
Preposition: 1.0 4.76152304609 21% => More preposition wanted as sentence beginning.

Performance on sentences:
How many sentences: 14.0 16.0721442886 87% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 49.5880992965 49.4020404114 100% => OK
Chars per sentence: 107.357142857 106.682146367 101% => OK
Words per sentence: 20.6428571429 20.7667163134 99% => OK
Discourse Markers: 6.5 7.06120827912 92% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 7.0 8.67935871743 81% => 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: 0.340962481187 0.244688304435 139% => OK
Sentence topic coherence: 0.110523307082 0.084324248473 131% => OK
Sentence topic coherence SD: 0.0615795333729 0.0667982634062 92% => OK
Paragraph topic coherence: 0.198973982002 0.151304729494 132% => OK
Paragraph topic coherence SD: 0.0395307859126 0.056905535591 69% => OK

Essay readability:
automated_readability_index: 13.4 13.0946893788 102% => OK
flesch_reading_ease: 51.18 50.2224549098 102% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 11.1 11.3001002004 98% => OK
coleman_liau_index: 12.88 12.4159519038 104% => OK
dale_chall_readability_score: 8.29 8.58950901804 97% => OK
difficult_words: 67.0 78.4519038076 85% => OK
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 13.0 10.7795591182 121% => OK
What are above readability scores?

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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 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.