Sign on to support mandatory personal finance education for our children, so they are in the best position to get ahead with their money.
Why is this important?
I think everyone has been personally affected by this issue. All teenagers coming out of high school should have a basic understanding of personal finance, including credit cards, credit scores, interest rates, loans, saving for retirement, 401K's and basic saving strategies. They should also be given specific examples of strategies for success and, conversely, what not to do.
It is all too easy for young kids to make mistakes that take them years, sometimes decades from which to recover, and it is imperative that we arm them with the knowledge to make the best decisions possible in their early lives, especially in regard to their finances.
