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.

Financial management has become the need of an hour for every individual whether young or old. In present scenarios, the importance of learning and applying it has enormously degraded among the high school passouts. In this essay, we will delve into various reason for this change and how it can be ingrained in to the youngsters.

To embark on, there are multiple reasons why the knowledge of money management is missing in young generation now a days. First of all, most of the youth now a days, don't follow the principal of saving money. With increasing sources of income, youngsters feel that making money is an easy task and they don't have to spend time and thought to save it. Many leave it upto their parents when it comes to handling their investments. In addition, school curriculums also don't include this as a formal subject which makes young people deprived of this skill. In order to compete with their friends, they shed extra bucks on acquiring latest gadgets. parent are somewhere equally resposibile for not teaching their kids the benefits of overseeing their expenditure.

Several ways can be adopted to explain the youth about the paramount importance of controlling their finances. Right from the young age, guardians should teach folks about basic banking functions which will make them capable of managing it independently as they grow older. As teenagers are tech savvy, they can be encouraged to use computers or mobile phones to track their spendings which will ultimately make them more interested in doing it. Furthermore, schools and several non government organizations, can play an important role, by occasionally conductiong workshop and seminars on accounting.

To conclude with, there is no doubt that youngsters don't have sound understanding of handling finances, however by inclucating the basics from their school days will enable them to follow it in the future as well.

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Average: 8.4 (1 vote)
This essay topic by users
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2019-12-01 aeropiyush 89 view
2019-11-30 aeropiyush 84 view
Essays by user aeropiyush :

Comments

Grammar and spelling errors:
Line 7, column 111, Rule ID: NOW_A_DAYS[1]
Message: Did you mean 'nowadays'?
Suggestion: nowadays
...nagement is missing in young generation now a days. First of all, most of the youth now a...
^^^^^^^^^^
Line 7, column 115, Rule ID: A_PLURAL[1]
Message: Don't use indefinite articles with plural words. Did you mean 'a day' or simply 'days'?
Suggestion: a day; days
...ment is missing in young generation now a days. First of all, most of the youth now a...
^^^^^^
Line 7, column 136, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ung generation now a days. First of all, most of the youth now a days, dont follo...
^^
Line 7, column 156, Rule ID: NOW_A_DAYS[1]
Message: Did you mean 'nowadays'?
Suggestion: nowadays
... days. First of all, most of the youth now a days, dont follow the principal of saving mo...
^^^^^^^^^^
Line 7, column 160, Rule ID: A_PLURAL[1]
Message: Don't use indefinite articles with plural words. Did you mean 'a day' or simply 'days'?
Suggestion: a day; days
...s. First of all, most of the youth now a days, dont follow the principal of saving mo...
^^^^^^
Line 7, column 168, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: don't
... of all, most of the youth now a days, dont follow the principal of saving money. W...
^^^^
Line 7, column 305, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: don't
...t making money is an easy task and they dont have to spend time and thought to save ...
^^^^
Line 7, column 353, Rule ID: MANY_NN[1]
Message: Possible agreement error. The noun leave seems to be countable; consider using: 'Many leaves'.
Suggestion: Many leaves
...e to spend time and thought to save it. Many leave it upto their parents when it comes to ...
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Line 7, column 468, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: don't
...s. In addition, school curriculums also dont include this as a formal subject which ...
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Line 7, column 620, Rule ID: THE_SUPERLATIVE[2]
Message: A determiner is probably missing here: 'acquiring the latest'.
Suggestion: acquiring the latest
...their friends, they shed extra bucks on acquiring latest gadgets. parent are somewhere equally r...
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Line 7, column 646, Rule ID: UPPERCASE_SENTENCE_START
Message: This sentence does not start with an uppercase letter
Suggestion: Parent
...xtra bucks on acquiring latest gadgets. parent are somewhere equally resposibile for n...
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Line 13, column 603, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ng workshop and seminars on accounting. To conclude with, there is no doubt that...
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Line 19, column 53, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: don't
...with, there is no doubt that youngsters dont have sound understanding of handling fi...
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Transition Words or Phrases used:
also, first, furthermore, however, so, well, in addition, no doubt, first of all

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

Performance on Part of Speech:
To be verbs : 9.0 13.1623246493 68% => OK
Auxiliary verbs: 10.0 7.85571142285 127% => OK
Conjunction : 8.0 10.4138276553 77% => OK
Relative clauses : 6.0 7.30460921844 82% => OK
Pronoun: 30.0 24.0651302605 125% => Less pronouns wanted
Preposition: 45.0 41.998997996 107% => OK
Nominalization: 7.0 8.3376753507 84% => OK

Performance on vocabulary words:
No of characters: 1621.0 1615.20841683 100% => OK
No of words: 312.0 315.596192385 99% => OK
Chars per words: 5.19551282051 5.12529762239 101% => OK
Fourth root words length: 4.20279927342 4.20363070211 100% => OK
Word Length SD: 2.74929762114 2.80592935109 98% => OK
Unique words: 195.0 176.041082164 111% => OK
Unique words percentage: 0.625 0.561755894193 111% => OK
syllable_count: 479.7 506.74238477 95% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 5.43587174349 55% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 8.0 4.76152304609 168% => OK

Performance on sentences:
How many sentences: 15.0 16.0721442886 93% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 35.4134939755 49.4020404114 72% => OK
Chars per sentence: 108.066666667 106.682146367 101% => OK
Words per sentence: 20.8 20.7667163134 100% => OK
Discourse Markers: 5.33333333333 7.06120827912 76% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 13.0 5.01903807615 259% => Less language errors wanted.
Sentences with positive sentiment : 7.0 8.67935871743 81% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 3.0 3.4128256513 88% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.305418095394 0.244688304435 125% => OK
Sentence topic coherence: 0.0852141339682 0.084324248473 101% => OK
Sentence topic coherence SD: 0.0357303990954 0.0667982634062 53% => OK
Paragraph topic coherence: 0.155549737278 0.151304729494 103% => OK
Paragraph topic coherence SD: 0.0599299183351 0.056905535591 105% => OK

Essay readability:
automated_readability_index: 13.5 13.0946893788 103% => OK
flesch_reading_ease: 59.64 50.2224549098 119% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 9.9 11.3001002004 88% => OK
coleman_liau_index: 12.88 12.4159519038 104% => OK
dale_chall_readability_score: 8.98 8.58950901804 105% => OK
difficult_words: 86.0 78.4519038076 110% => OK
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 10.0 10.7795591182 93% => OK
What are above readability scores?

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Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 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.