What do you wish you were taught in high school about money and finances? When it comes to high school grads and money skills, what do you believe is important for today’s teens to learn?
A new poll from the National Endowment for Financial Education® (NEFE) sheds light on what U.S. adults believe are key topics that should be taught in schools.
About 88 percent said their state should require a semester- or year-long financial education course for graduation; and 80 percent said they wish they had been required to take such a course in high school. Roughly 75 percent said spending and budgeting is the most important financial education topic to teach, followed by managing credit (55 percent), saving (49 percent), and earning income (47 percent).
“Americans overwhelmingly recognize the importance of learning money skills at an early age and this poll reinforces there is demonstrated national support for personal finance to be a part of learning in all schools,” said Billy Hensley, president and CEO of NEFE.
If you’d like to offer a recent graduate in your life a boost in their personal finance education, your financial planner is happy to help. Talk to your advisor about high school grads and money skills.