An article In Education Week talks about the importance of teaching financial education to kids. The article says that only ". . . 17 states require students to take an economics course and seven mandate a personal-finance course in order to graduate."
I expected those numbers to be much higher, but it just goes to show how little financial education is valued in America. I wish I would have had more financial education earlier in life to help prepare me for some of the decisions I have made financially. There are a lot of huge financial decisions to be made in a person's lifetime, and a knowledge of even the basics of economics and personal-finance would be beneficial for kids when they graduate high school and prepare to make their own decisions and learn how to spend money wisely. Also, consumer debt is huge in America today, and I believe that educating young people about the dangers of consumer debt, befor they engage in it, would help to make them more responsible financially.
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