Students leave high school without learning how to manage their money.
What are the reasons and solutions for this issue?
In today's modern society, a significant number of teenagers are graduating from school without a solid grasp of money management, a deficiency that has far-reaching implications for our communities. The ability to handle finances is crucial for individual well-being and the health of our society as a whole. This essay aims to delve into the various factors contributing to this trend and explore potential solutions to address this issue.
Primarily, the lack of financial literacy stands out as a pivotal factor behind the insufficient money management skills among young adults. Educational institutions often neglect to equip students with the necessary knowledge and skills to navigate the complex world of finances. Consequently, many of these individuals squander their resources due to a lack of understanding, impeding their financial stability and growth. Additionally, the overreliance on parental support is another contributing factor. With their financial needs catered to by their parents, teenagers are shielded from the practicalities of budgeting, spending wisely, and saving for their future. This insulation from financial responsibility hampers their ability to make informed decisions about money matters.
To address this concerning trend, a range of viable solutions can be implemented. Firstly, schools and parents should collaborate to integrate comprehensive financial education into the curriculum. By incorporating lessons on budgeting, saving, investing, and avoiding debt, students would develop essential skills for managing their finances effectively. Parents can also play a pivotal role by enrolling their children in extracurricular courses focused on financial literacy, helping to bridge the educational gap left by schools.
Moreover, encouraging teenagers to take on part-time employment during their school years can instill a sense of financial responsibility. This hands-on experience can provide them with firsthand knowledge of the effort required to earn money, prompting a more thoughtful approach towards its management. Additionally, setting limits on spending and teaching the value of saving can aid in reshaping their attitudes toward money.
In conclusion, the deficiency in money management skills among many school graduates is a pressing issue. However, by implementing a multifaceted approach that involves educational institutions, parents, and practical experiences, this problem can be effectively mitigated. Empowering teenagers with the tools to manage their finances wisely will not only secure their individual financial futures but also contribute to the overall prosperity and stability of our society
- Many people believe that international tourism is a bad thing for their country What are the reasons Solutions to change negative attitudes 61
- Nowadays it is not only large companies that are able to make films as digital technology enables anyone to produce films Do you think this is a positive or negative development 56
- Some people spend most of their lives living close to where they were born What might be the reason for this What are the advantages and disadvantages 56
- You should spend about 20 minutes on this task You recently received a letter from a friend asking for advice about whether to go to college or to try to get a job You think he she should get a job Write a letter to this friend In your letter say why he s 78
- The charts below show the favourite takeaways of people in Canada and the number of Indian restaurants in Canada between 1960 and 2015 Summarise the information by selecting and reporting the main features and make comparisons where relevant Write at leas
Transition Words or Phrases used:
also, but, consequently, first, firstly, however, if, moreover, so, still, well, in conclusion
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 8.0 13.1623246493 61% => OK
Auxiliary verbs: 9.0 7.85571142285 115% => OK
Conjunction : 11.0 10.4138276553 106% => OK
Relative clauses : 2.0 7.30460921844 27% => More relative clauses wanted.
Pronoun: 27.0 24.0651302605 112% => OK
Preposition: 63.0 41.998997996 150% => OK
Nominalization: 9.0 8.3376753507 108% => OK
Performance on vocabulary words:
No of characters: 2300.0 1615.20841683 142% => OK
No of words: 381.0 315.596192385 121% => OK
Chars per words: 6.03674540682 5.12529762239 118% => OK
Fourth root words length: 4.41805628031 4.20363070211 105% => OK
Word Length SD: 3.22961586549 2.80592935109 115% => OK
Unique words: 222.0 176.041082164 126% => OK
Unique words percentage: 0.582677165354 0.561755894193 104% => OK
syllable_count: 712.8 506.74238477 141% => OK
avg_syllables_per_word: 1.9 1.60771543086 118% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 4.0 5.43587174349 74% => OK
Article: 7.0 2.52805611222 277% => Less articles wanted as sentence beginning.
Subordination: 0.0 2.10420841683 0% => More adverbial clause wanted.
Conjunction: 3.0 0.809619238477 371% => Less conjunction wanted as sentence beginning.
Preposition: 6.0 4.76152304609 126% => OK
Performance on sentences:
How many sentences: 19.0 16.0721442886 118% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 33.1231229542 49.4020404114 67% => OK
Chars per sentence: 121.052631579 106.682146367 113% => OK
Words per sentence: 20.0526315789 20.7667163134 97% => OK
Discourse Markers: 4.94736842105 7.06120827912 70% => OK
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 14.0 8.67935871743 161% => OK
Sentences with negative sentiment : 4.0 3.9879759519 100% => OK
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.250629603416 0.244688304435 102% => OK
Sentence topic coherence: 0.0753125998993 0.084324248473 89% => OK
Sentence topic coherence SD: 0.0397174307838 0.0667982634062 59% => OK
Paragraph topic coherence: 0.144890534761 0.151304729494 96% => OK
Paragraph topic coherence SD: 0.0228705594836 0.056905535591 40% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.
Essay readability:
automated_readability_index: 17.0 13.0946893788 130% => OK
flesch_reading_ease: 25.8 50.2224549098 51% => Flesch_reading_ease is low.
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 14.6 11.3001002004 129% => OK
coleman_liau_index: 17.75 12.4159519038 143% => OK
dale_chall_readability_score: 10.51 8.58950901804 122% => OK
difficult_words: 142.0 78.4519038076 181% => OK
linsear_write_formula: 13.0 9.78957915832 133% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 13.0 10.7795591182 121% => OK
What are above readability scores?
---------------------
Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
---------------------
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.