#121: Why Do So Few States Teach Personal Finance in Public Schools? Artwork

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#121: Why Do So Few States Teach Personal Finance in Public Schools?

January 02, 2024 • Jessika Shields & Vince Shorb • Episode 121

WARNING: Controversial Topic

Let me ask you a question. What comes to mind when you hear the phrase “financial literacy”? Is this something that only parents should teach their children or do you think the schools should add this as a part of the education system? I’ve heard many old school parents say that they took a class or two in this area where they learned how to balance a checkbook and learned about basic financial principles that may not have been taught at home. I’ve also seen on rare occasions, classroom teachers who turn their entire class into a token economy where students pay rent for desk and earn class money for doing their work. The token economy may work in an elementary school or middle school setting but what about in a high school setting? Should it be a separate class period dedicated to teaching financial principles? Well, believe it or not, some states are requiring this to be included in the standard curriculum while others are not. But why? To help us take a deeper dive, our special guest is going to shed some light on this situation and give you tools you need to address the issues with your school board.

About This Episode's Special Guest:

Website: https://www.financialeducatorscouncil.org/all-states-fail-financial-literacy-mandates/

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