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Students leave high school without learning the way how to manage their money..(Band 9 Sample Essay)

Updated: Jun 27

You should spend about 40 minutes on this task.


Write about the following topic:


Students leave high school without learning the way how to manage their money.

What are the reasons and solutions of this issue?


Give reasons for your answer and include any relevant examples from your own knowledge and experiences.


You should write at least 250 words.


Task 2 Band 9 Essay Sample (Students leave high school without learning the way how to manage their money.)

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Sample Essay 1

In today's educational landscape, a concerning trend has emerged: students frequently exit high school without mastering the essential skill of money management. This predicament is rooted in a combination of systemic educational shortcomings and societal neglect. This essay aims to dissect the underlying causes of this issue and propose viable solutions, focusing on the integration of financial literacy into the curriculum and fostering a culture of financial awareness from an early age.


The core reasons behind this troubling trend can be attributed to the educational system's prioritization and societal attitudes towards financial education. Predominantly, the curriculum in many high schools is heavily skewed towards traditional academic subjects, with scant emphasis on practical life skills such as financial management. This oversight leaves students ill-prepared for the financial realities of adulthood. Additionally, there is a pervasive societal belief that financial education is a responsibility that rests solely with the family, a notion that disregards the varying levels of financial acumen among households. Consequently, students leave high school without learning the way how to manage their money, a deficiency that can lead to long-term financial instability.


To address these issues, a multifaceted approach is necessary. Primarily, the integration of financial literacy into the high school curriculum stands as a crucial step. This entails not only the teaching of basic budgeting and saving techniques but also more complex financial concepts such as investing and debt management. Such an inclusive approach ensures that students are equipped with a comprehensive understanding of financial management before they transition into adulthood. Furthermore, fostering a culture of financial awareness from a young age is paramount. This can be achieved through initiatives like financial literacy workshops and interactive financial education platforms, which can demystify financial concepts and make the subject more accessible and engaging for young learners.


In conclusion, the issue of students leaving high school without the knowledge of how to manage their finances is a multifaceted problem that requires a comprehensive solution. By revising the educational curriculum to include financial literacy and cultivating a societal culture that values and promotes financial awareness, we can empower future generations with the skills necessary to navigate the complexities of financial management.


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Sample Essay 2

In an era where financial literacy is paramount, it is disconcerting that many students leave high school without mastering the essential skill of money management. This troubling phenomenon stems from both educational gaps and societal norms, necessitating a multifaceted approach to rectify. This essay will explore the underlying causes of this issue and propose viable solutions to ensure future generations are well-equipped to handle their finances.


The roots of this problem lie primarily in the educational system's curriculum, which often lacks a comprehensive focus on personal finance. Schools tend to prioritize traditional academic subjects over practical life skills, leaving a significant gap in students' knowledge about budgeting, saving, and investing. Additionally, there is a societal tendency to shield young people from financial responsibilities, inadvertently stunting their fiscal growth and understanding. As a result, students graduate without the acumen to navigate the complexities of financial planning and decision-making.


To address these shortcomings, a two-pronged approach is essential. Firstly, integrating personal finance education into the high school curriculum is imperative. This would not only cover basic concepts like budgeting and saving but also delve into more complex topics such as taxes, investments, and loans, providing a comprehensive framework for students. Incorporating case studies and real-life scenarios can enhance understanding and retention. Secondly, parents and guardians must play a proactive role by involving children in household financial planning from an early age. Encouraging discussions about money, allowing them to manage a small budget, or even involving them in investment decisions can demystify financial matters and build confidence.


In conclusion, the issue of students leaving high school without the requisite knowledge to manage their finances is multifaceted, rooted in educational and societal practices. By revising educational curriculums to include personal finance and encouraging parental involvement in financial education, we can equip future generations with the skills necessary to navigate their financial journeys successfully.


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Sample Essay 3

Most secondary school graduates lack any useful self-financing expertise. I firmly believe that this is primarily due to their financial dependence on their parents and lack of tax payment experience. However, including financial management basics in core classes can help high school graduates who have just graduated.


The majority of high school pupils lack practical expertise with self-financing. Since most students do not have to pay their tuition or living expenses on their own, it is possible that they are unaware of their financial situation. To be more precise, they squander the pocket money their parents provide them, heedless of the potential repercussions. Only 5% of all students nationally, according to a poll by the education minister of the Japanese government, are having trouble paying their tuition or have debts from attending high schools. Thus, due to their financial comfort, they are oblivious to problems with money management.


Since school-goers do not have any obligations to pay income taxes or fund for a social welfare system, they have limited opportunities to think about their future financial responsibilities. The solution to this problem is pretty straightforward. School or educational institutions can give students some guidelines regarding their tax responsibilities or rational budgetary methods before the students enter the job market or strain their higher educational cost. Besides, the government can join those activities by handing out a leaflet regarding their future tax obligations directly to the students.


All in all, even if students have little opportunities to finance themselves and pay taxes, educational institutions and governments may play important roles by providing them with financial education and factual information to help them become more financially conscious.



Sample Essay 4

Currently, students are leaving school without even the most fundamental understanding of money management. This is as a result of parents' generous financial contributions to their kids' school life and the absence of any school courses on money management. However, this problem can be resolved by encouraging kids to work during the summer and introducing lessons on financial management in the classroom.


To begin with, parents are providing their children allowance without establishing any boundaries which is one of the major factors that contribute to a student's failure to handle money properly. Children typically lack the ability to handle money since they are used to spending all of the money they are given and constantly ask their parents for more. Most of the parents cannot ignore their children’s demand due to the familial bonding and emotional attachment. Additionally, schools prioritize fundamental artistic or scientific classes above the children's inescapable exposure to money management in the real world.


However, to seize down this growing problem, parents must encourage their pupils to get summer jobs. This will help them learn the value of money, thereby managing it in an effective way. Psychologists frequently stress the value of youngsters working to earn money because it helps them become more responsible and better resource managers in the long run. On top of that, schools are advised to introduce money management classes. By emphasizing the importance of managing money, students are guided to make a good use out of their allowance.


To summarize, the main reasons why students graduate from high school without understanding how to handle money are parents' unrestricted offerings to their kids and the lack of financial education in the classroom. Therefore, to solve this problem, schools must revise their curricula to include courses on money management, and they must also encourage students to work during the summer to get some hands-on learning on their financial literacy.


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