In the present scenario, many individuals struggle to manage their finances when graduating from high school. This is possibly due to the lack of financial literacy amongst the school students and not teaching them the value of saving money throughout their school life. However, this problem can be solved if subjects pertaining to finance are inculcated from the start.

On one hand, the individuals have no idea about the basic concept of money management when they graduate from their educational institutions. The main stress is given to general subjects like Mathematics, Science, English, and Social Studies throughout their school life, but, very little emphasis is laid on financial literacy that will actually be put to use in the long run. As a result, the children are dependent on their guardians or elders for making any investments. Another reason behind their inability is that the teachers or counselors don't share any knowledge about saving money and the students are totally ignorant about such important topics. For instance, there was an article that was published in The Times Of India in the month of August 2021, which stated that 8 out of 10 individuals were unaware of the basic principle of investment, and by the time they reached their 30s, they were exposed to issues like bankruptcy. Therefore, since this is not taught to them in school, quite a few individuals are left with negligible information about managing their money.

In order to reduce such problems amongst the youth, they can be enlightened with topics related to financial management by adding them to their syllabus during their primary education. Subjects such as Money Management, Loans, Mortgage, and Investment should be made mandatory in institutes for a certain age group. Moreover, counseling sessions ought to be undertaken more often by experts who can share the importance of investments in various aspects like debt, equity, gold, or mutual funds. This will not only help to educate them towards a more responsible way of dealing with finances but will also secure their future. For example, schools can have various online fun games that contain virtual money and investing in the stock market as per the current market price of the equity shares. Thus, these types of intuitive learnings will always stay with the children and they will be empowered for managing their money

To conclude, after graduating out from high school many students are ignorant about money management skills. This is mainly due to the lack of importance given to financial subjects and not teaching them about saving money. But, these concerns arising in younger generations can easily be dealt with if financial subjects are added to their regular curriculums.