MONEY MANAGEMENT IN STUDENT'S LIFE...!!!

It is indeed a fact that managing money is an important skill of life and it has to be acquire by every human being on earth.Thus,adolescents ought to learn the insights of financial management.

Learning how to manage money is amazingly beneficial for high school children.It is extremly good for their future,since they learn it at a tender age;They well be able to manage their wealth properly.In addition to that,they can understand the value of money and hance they voluntarily reduce their unnecessary expenses,keep a distance from bad habits and also do not rush to their parents with extravagant demands.

Moreover,they also learn how to budget their money and in such a state,they develop maturity,tolerance and also give more respect to their parents and guardians.In some of the cases,the insight about money management motivate children to plan funds for their future academic studies.Consequently,it also greatly reduces the financial burden on their parents.

On the other hand,learning money management at high school also has some drowbacks.Students at this age are generally immature and hance most of them cannot grasp the subject properly,which may lead to some improper or negative thoughts regarding money in their minds.Moreover,at this age,children need to pay attention to academic subjects.Adding one more subject will definitely increase their burden.Some of them might become money minded and in that state,they often show less respect to emotional,cultural and social values of life.

To recapitulate,I pan down saying that,even though teaching financial management at hich school level is difficult and may may have some disadvantages of students digressing from their studies,I firmly believe that it ultimately helps them in planning the financial aspect of their lives and leads them to be sincere,mature and capable citizens of the future.In the big picture it might help students to understand about their living expences and other additional management skills.