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  • Financial Stress

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    Aung Phone Khant
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    Financial stress is caused by the costs of education, daily living expenses, and basic needs for studying. Most private and international schools charge high monthly fees and additional costs for items like textbooks. Exam fees for international exams are also expensive. Daily transportation to school and costs of food and accommodation can also cause financial pressure. Additionally, items needed for studying like smartphones, laptops, and calculators present financial difficulties, especially during the pandemic when online learning is required. To overcome financial stress, students should budget their money carefully, focus on essential needs, and study hard to earn scholarships.

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    Financial stress

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    Financial stress is caused by the costs of education, daily living expenses, and basic needs for studying. Most private and international schools charge high monthly fees and additional costs for items like textbooks. Exam fees for international exams are also expensive. Daily transportation to school and costs of food and accommodation can also cause financial pressure. Additionally, items needed for studying like smartphones, laptops, and calculators present financial difficulties, especially during the pandemic when online learning is required. To overcome financial stress, students should budget their money carefully, focus on essential needs, and study hard to earn scholarships.

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    16 views1 page

    Financial Stress

    Uploaded by

    Aung Phone Khant
    Financial stress is caused by the costs of education, daily living expenses, and basic needs for studying. Most private and international schools charge high monthly fees and additional costs for items like textbooks. Exam fees for international exams are also expensive. Daily transportation to school and costs of food and accommodation can also cause financial pressure. Additionally, items needed for studying like smartphones, laptops, and calculators present financial difficulties, especially during the pandemic when online learning is required. To overcome financial stress, students should budget their money carefully, focus on essential needs, and study hard to earn scholarships.

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    © All Rights Reserved
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    What is financial stress?

    Financial stress is a state of worry, anxiety, or emotional tension related


    to money, debt, and upcoming or current expenses. Paying for education (school fees and
    examination fees), daily uses and basic requirements for studies can all cause a student to feel
    financial pressure or stress. Financial pressure has been an issue for years, but has recently
    become an even larger issue than previously thought.

    Most of the schools charge a lot except government schools. Government schools are mostly
    free of charge in almost everything. On the other hand, private schools and international schools
    need to pay monthly fees and extra costs for textbooks. So, most normal students have to come
    across financial difficulties in the field of education. Exam fees are also high in international
    examinations such as IGCSE(International General Certificate of Secondary Education) and
    IELTS( International English Language Testing System).

    The next thing I want to talk about is about the daily uses of students. It is also a part of the
    financial stress. The daily uses include transportation costs and survival costs. Transportation
    costs may be high if you live far away from school. (For example, if you go to school on a bus or
    a ferry, you will need to pay the charges depending on the distance of the journey.) Survival
    costs include food and accommodation costs or living expenses in large proportions and taxes in
    small proportions. (Students need to eat food to be strong and to get energy so that they can
    study their lessons well in order to get high achievements in the exams. ) So, many students and
    their parents usually get stressed for it.

    The last thing I wanna mention about is the fundamental needs of a student for their studies
    (Example, stationeries, smartphones, laptops, PCs, scientific calculators and etc.) Especially in
    Covid period, smartphones or laptops are a must for every student to have so that they can
    learn online classes. But unfortunately, some people can’t really afford to buy them. In
    conclusion, financial stress takes part in the stress and anxiety amongst students. It also
    depends on the students. To overcome the financial stress and to have more fulfilling lives,
    students should use money wisely in the correct fields and only on their needs and just to study
    hard so that they would be able to get excellent gradings to get scholarships.

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