Florida schools should teach their students how to save, invest, and otherwise understand personal finances. That’s according to members of the Florida Financial Literacy summit. Now lawmakers are considering a bill that would make it a graduation requirement. Mark Anderson is with the Florida council on economic education.
“Students that come from states that require a course on financial literacy are more likely to save, less likely to incur risky financial debt and sound research underscores that,” Anderson says.
The bill would require students to take a stand-alone financial literacy class. Currently financial literacy is included in high school curriculums as part of a class on economics.