In the recent years, young people have become less aware about the ways they may follow to manage their financial life when they finish their education and start their career life. In this essay, I will highlight some reasons for this issue, and I will mention how it could be tackled.
To begin with, it is undeniable that the youth lack the sufficient experience that can enable them to appropriately manage their monetary life. In addition, because their parents and school teachers do not usually teach them the importance of saving money, young people usually are not aware that it is a must for any successful person to cut a part from salary and save it. Moreover, people in this small age are usually tempted to buy many things that are not necessary, just to mimic their peers or to feel valued among the society. This leads them to expend much money instead of make some savings.
Even though both parents and teachers can participate in resolving this issue by increasing the awareness of young people to know about the importance of savings, parents should play the greater role to tackle this problem, as they can take real steps at a very early age of their children to teach them how to use their money in an efficient way. For example, they can teach them to cut a part from their money every day or every month to save it, and use it afterwards to buy a precious thing. In this way, children will learn that saving money has benefits on the long term, and thus they would overlook buying some unnecessary products to exploit this money in more advantageous things, such as buying a home or a car.
In conclusion, young people usually do not have enough experience to deal with their financial issues because they are not taught by their teachers and parents to how to do so. To change this situation, both parents and teachers have the responsibility to teach them dealing with such issues.
In the recent years,
young
people
have become less aware about the ways they may follow to manage their financial life when they finish their education and
start
their career life. In this essay, I will highlight
some
reasons for this
issue
, and I will mention how it could
be tackled
.
To
begin
with, it is undeniable that the youth lack the sufficient experience that can enable them to
appropriately
manage their monetary life.
In addition
,
because
their
parents
and school
teachers
do not
usually
teach
them the importance of saving
money
,
young
people
usually
are not aware that it is a
must
for any successful person to
cut
a part from salary and save it.
Moreover
,
people
in this
small
age are
usually
tempted to
buy
many
things that are not necessary,
just
to mimic their peers or to feel valued among the society. This leads them to expend much
money
instead
of
make
some
savings.
Even though
both
parents
and
teachers
can participate in resolving this
issue
by increasing the awareness of
young
people
to know about the importance of savings,
parents
should play the greater role to tackle this problem, as they can take real steps at a
very
early age of their children to
teach
them how to
use
their
money
in an efficient way
.
For example
, they can
teach
them to
cut
a part from their
money
every day or every month to save it, and
use
it afterwards to
buy
a precious thing. In this way, children will learn that saving
money
has benefits on the long term, and
thus
they would overlook buying
some
unnecessary products to exploit this
money
in more advantageous things, such as buying a home or a car.
In conclusion
,
young
people
usually
do not have
enough
experience to deal with their financial
issues
because
they are not taught by their
teachers
and
parents
to how to do
so
. To
change
this situation, both
parents
and
teachers
have the responsibility to
teach
them dealing with such
issues
.