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Management measures - Research Paper Example

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Having enough money can be a blessing yet it can also be a curse depending on the management measures. Managing money has proved difficult for a lot of people especially teenagers; as a result, a lot of them end up engaging in drug taking activities and alcohol consumption…
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Download file to see previous pages However, the education system cannot be blamed entirely for this improper mismanagement of personal money, since improper money management is a personal decision. Besides, there are many institutions that should guide an individual on proper time management. This paper analyses how improper money management has affected youths adversely, and what has caused this. The educational system and the interplay of many factors have contributed to these rising cases. These factors include; lack of parental guidance, dysfunctional family units and the economy of the nation. The way society treats suicide varies widely depending on the culture and religion of the affected. All in all, many cultures view taking one’s own life as improper and unjustified. Suicide is a culmination of life frustrations and suffering, whereby, an individual opts to take his/ her life so as to avoid these frustrations. Can this be attributed to improper money management solely? The answer is no. It is true that improper mismanagement of money in the society has led to these individuals opting to commit suicide but still life is a struggle, and by missing money does not mean that one should opt for suicide. The educational system mould individuals to be noteworthy managers of time and resources. However, much of this emphasis on money management comes later in life. It is rare for schools to teach pupils in elementary and high school on money management since these students are far from earning. Much of the emphasis is during college and university life. Depending on the individual, this may be sufficient or insufficient in molding life decisions. The educational system has changed very much, in that students are completing school young and most of these students are thrown into the world as young and inexperienced people. They end up earning good salaries, but, due to their inexperience, they spend it unwisely and do not make wise life decisions. This can be blamed on the educational system. Back then, students would complete school fairly older, and this ensured that they had a sense of maturity going into the outside world. These students would be able to handle the rigors and demands of the post-school life, and this ensured that they would be able to spend their money wisel ...Download file to see next pagesRead More
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