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Why We Should Be Taught In High School Essay

693 Words3 Pages

To all parents do teenagers ever think about learning about how to manage money at a young age? When do parents think the right age is to teach teenagers? When they are 16 or 18? When the teens are about to go off to college? Do parents think that it should be taught at an early age? Or do parents think schools are going to do all the teaching? Well for right now all schools do not teach teenagers about managing money. Have parents ever thought about opening a saving accounts for the teen at an early age and just adding money for future references? Parents are afraid to tell teenagers no because they’ll pout and cry all the time? Then the teen show out in front of everybody and embarrasses the parent because mom/dad doesn’t have control over the kid, well until mom/dad starts telling the kids no and stop saying yes that kid will be okay because every time mom says yes, then the teen is thinking that present is mine every time. Parents are the boss of the house not the kid child, so don’t let the kid take over, because the kid is bossy, step up and start telling the kid no. …show more content…

Some rules that should be followed are; As young children reach the late grades of elementary school, the children start to learn about the cost of a dollar and the main reasons of saving. By the start of middle school, children start to understand that the clothes, shoes, toys and games that are wanted can cost a lot of money. “Kids at this age need to learn that if they really want something, they should wait and save to buy it” because you can’t always buy some as soon as you want it (Forbes Welcome). As they get into the teens, kids have a much better hold of how much stuff costs and are capable of understanding quite a bit about money if they are actively taught how to manage

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They start spending that money on a lot of things except for anything educational which is a very alarming situation for them and for their parents as well. Their parents need to know how they are spending that money and how they should be sending that money. Most of the time the only reason why teenagers start working is because they want to save money for their college studies. Studies revealed that teenagers have considered working here as a great learning experience for them but the writer has completely ignored that aspect as well. According to him, most teens working at places like McDonalds is not provoking sense of responsibility instead it is giving them a shortcut to avoid studies and start earning with little or no education at all.

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Teenagers love money. However, the problem with earning money is that kids are too busy to get a job. Or a job is not enough money for their needs, especially in this changing economy. Jeffrey Selingo, in his piece “Why More Teenagers and College Students Need to Work While in School,” argues that more kids should work while pursuing their education. He expresses the importance of finding time for a job, and that making money is not the only thing teenagers gain from a job.

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Implementing this duty at such a young age makes these tasks seem regular to the child. This is clearly shown in Jeannette Walls's The Glass Castle. At age 13, when Jeannette is left home alone for two months to take care of her younger siblings; her mother gives her $200 to pay for expenses. When first given the money she focuses on paying for utility bills and food. Jeannette comes up with a well organized budget plan to finance themselves.

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To invest or not to invest, that is the question. Financial literacy is an important topic, regardless of age. Financial literacy goes beyond balancing a checkbook or making price comparisons. Being able to plan for a financial future is also an important aspect of fiscal responsibility (What is Financial Literacy). However, young people today, often referred to as Millennials, have challenges when considering the topic of investing their money for the future that their parents, the Baby Boomers, didn’t have.

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Teenagers also are not experienced with money and spend money on things that are not

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To continue, larger allowances would help teach your children the importance of responsibility. This will increase their knowledge of responsibility because they need to learn how to save money on their own. You as a parent, will teach your children that saving money is a good thing. This will help children by teaching them how to save and how to use money responsibly. Although they know how to save money, a larger allowances will teach them that they

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The first source explains that teaching teens about how to manage money “will more than likely decrease the possibility of teens going out and maxing out their credit card” because as they grow up and have responsibilities they will be more aware about where and what they are spending their money. Alan Greenspan states that “ the number one problem in today’s generation and economy is the lack of financial literacy” I agree with Alan because the next generation with make or break our economy and having such a class with better prepare all our teens and soon to be grown ups to make the right decisions about money. Both sides have studied and researched about this subject and have come up with opposite opinions, one believes that a financial literary class will help teens to become responsible, and the other side believes that such a class will not help teens make the economy better. I have come to know personally that having such a class would highly benefit me, I have left home and I wish that I would have had this class to better prepare me to grow up faster than most teens my

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To allow High school students to enter the pros would be great for them for many reasons but just to be allowed to have a job is an amazing thing for many teens to have right after high school. They would have a great steady income coming in for them so they really wouldn't have to worry about if they can get money at all. Where they could just have a job right off the bat they also wouldn't have to worry about the struggles of finding a job to support them until they could go which is a big relief for many students. And, by allowing them to do so they would be allowed to start their life easier with no worries of having enough money to live. Another great reason is that they would be able to expose their talents as soon as they can.

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It is also normal for people to save money, but if I do so, I am stingy. Sometimes, they had some rumors about how I got money from parent, or how my parents earned so much money. They even discussed between me and other “lucky kids”, who have more money? Whose parents have more money? Who

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The current way is not showing a very effective way of learning. A more effective way of learning financial literacy in a class is “just-in-time education” this is an effort put forth by Professor Lynch. He says “Because learning decays quickly , it’s best to provide assistance just before a decision is made.” Becuase the stuff learned in high school fades so quickly now you can receive education then and there about choices you’re about to

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Everyone goes to school, everyone has homework. Homework has been a topic of interest for a very long time. Many students think that homework is not beneficial. However, without homework people wouldn’t remember what they learned in class. Homework gives kids the chance to prove what they have learned.

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Trying to save money when you’re a teenager or young adult isn’t the easiest thing to do, otherwise, the world as we know it would be a different place. What makes saving at a young age so difficult? First, there are countless things you want to buy (like clothes and shoes) and lots of friends encouraging you to buy them. Another reason millennials might have a hard time saving is due to their income-to-spending ratio. In other words, they’re spending more than what they make, or get as an allowance and as a result, these circumstances prevent them from saving money.

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