Personal Finance: Studying in the School of Life ; One of the Toughest Challenges for School Leavers Is Learning How to Cope with Their Own Finances. In the First of a Two-Part Special, Jane Hall Imparts Some Lessons for the Class of 2005

Birmingham Post › July 23, 2005

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Summary

In the words of Alice Cooper, 'school's out for summer!' With just days to go before the holidays begin, students will already be winding down and planning how they are going to fill the next six weeks before the new school year inevitably comes around again.

But for thousands, school is now out for ever. For September will see them heading off in a brand new direction.

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Extract

Personal Finance: Studying in the School of Life ; One of the Toughest Challenges for School Leavers Is Learning How to Cope with Their Own Finances. In the First of a Two-Part Special, Jane Hall Imparts Some Lessons for the Class of 2005

They are the class of 2005 - the 18-year-olds who have finished their exams and are now on the threshold of a new and exciting life.

Many will be going straight into paid employment, while others - A level grades permitting - will be heading off to university this autumn. Others, perhaps still uncertain what course their life should be taking, will instead throw themselves into the wild world of the gap year.

But whatever these students deci...

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