In 2015, a stringent new financial literacy law took effect in Oklahoma. It requires all high school students to pass a class on personal finance before they can graduate. Banking, taxes, investing, loans, insurance, and identity theft among other subjects will be part of the curriculum, and the teachers will have to certify that their students comprehend them all. Other states have followed suit over the past few years. A recent study analyzed 11,000 high school course catalogs and concluded only 1 in 6 high schoolers are currently required … [Read more...] about Why It’s A Mistake Teaching Financial Literacy In Schools
Did you know that only five states in the U.S. (Alabama, Missouri, Tennessee, Utah, and Virginia) currently have requirements for financial literacy classes at the high school level? I'm not a big fan of the current teaching financial literacy and personal finance in public schools. Parents need to be teaching kids about money - not necessarily our school teachers.
Personal finance is something everyone has to deal with in their lifetime, and the lack of education on this crucial life skill is especially concerning for a majority of student … [Read more...] about
We all want a better life for our children. That’s the true American dream. It’s actually the dream of parents all over the world. That's what financial health truly means. When I was deployed to Iraq while serving in the Army, I saw that sentiment play out there as well. Every Iraqi that I talked to simply wanted a better life for their children, and they hoped the United States’ intervention would bring them that goal – more so than Saddam Hussein ever could. The same was true in my parents’ house when I was growing up. My parents got … [Read more...] about What Financial Health Means to Me – Learning from My Parents’ Mistakes