Teaching Kids About Money – What Parents Need To Know
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 loan borrowers. 43 million and counting as of 2016 don’t have the tools and knowledge to manage their $37,172 student loan burden according to 2016 average rates reported by Student Loan … Read more