Tuesday, September 3, 2013

Should Personal Finance/Financial Literacy Be Taught In Schools?

According to a recent survey or analysis, most American are financially illiterate.  Not surprisingly, only 3 states require high school courses in personal finance.  While we believe parents should teach their children about personal finance there is only so much a parent can teach if their own personal finances are not in order, if they aren't willing to do the research, or if they aren't experts.

Why isn't this something that schools reinforce across the board.  From the time children learn to speak and learn what money is, they begin asking for money or asking for a new toy, video game, book, ice cream etc.  As a parent, this is a perfect opportunity to introduce your children to money, credit, and savings.  Nevertheless, again why wouldn't this be reinforced in all schools?

The information below was found at  http://thefinancialbrand.com/32266/financial-literacy-dollars-and-sense/ 

Dollars and Sense: Financial Literacy in the U.S. (Infographic)


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