Only 15 percent of high schoolers in the Commonwealth will take a full semester personal finance class that could help them avoid financial pitfalls.
that 55 percent of Americans either break even or spend more than they earn each month. That is not a direction our young people should follow.of high schoolers in the Commonwealth are guaranteed to take a full semester personal finance class that could help them avoid financial pitfalls., which would greatly strengthen personal finance education in the state. Recently, the bill passed in the Senate 44.-5 and went on to the House.
It’s critically important that young people understand college loans, leasing a car, renting an apartment. Thankfully, we were fortunate to learn personal finance, so we are not intimidated by these financial issues. Learning how to manage your finances should be a fundamental part of a student’s learning. Schools teach things such as how to find the area of a triangle but that won’t prepare someone for getting a loan for an apartment, pay taxes, or build wealth through savings and the compounded interest of investments. It’s also important to be well-educated in these topics so that we’re not taken advantage of by predatory practices.
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