Are Financial Literacy Programs Actually Helping Kids Learn About Money?

November 9, 2022 | forbes.com

While schools are right to focus on teaching kids the basics of reading, writing, math and science, the signs we desperately need to teach personal finance earlier in life are everywhere. After all, average savings rates are absolutely paltry across the board, and several studies (including this one) show most Americans aren’t investing enough (or regularly enough) to retire on their own terms.

Credit card debt is also a major problem, as are student loans, and the surging costs of monthly car payments. By offering personal finance education in schools, states and municipalities can prepare kids to make smart financial decisions when it matters most.

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