45 states require personal finance education, but focus on economics; only 57% of adults are financially literate.

The article underscores the necessity of early and ongoing financial literacy education to combat the growing financial illiteracy in the U.S., where only 57% of adults are financially literate. Despite 45 states requiring personal finance education, many focus on economics instead. Engaging children in financial discussions, budgeting, and setting long-term goals can cultivate responsible financial habits. Resources and programs are available to support parents and educators in teaching these essential skills.

October 14, 2024
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