Financial Literacy

Posted on: Fri, 01/11/2008 - 22:06| By: pdaddy

The educational system does not provide personal finance education like they do for basic reading and math skills. Basic personal finance courses are not mandatory core courses even all the way to colleges unless you are in finance. Financial literacy in areas such as investments, credit cards, mortgages, loans, & credit scores are just a few items that our children will be facing in the real world. Education in these areas are essential tools to equip the kids when they eventually go out to the real world on their own. Education as well as showing examples through practice are ways to that we can provide our children the financial education.

Comments

Submitted by GinaBina on

Parents and schools should teach financial literacy. I know TOO MANY college students and young adults who get into personal debt with credit cards.

Submitted by pdaddy on

Motley Fool is an excellent self-help resource to educate yourself as a parent. Being educated on the basics of personal finance benefits the entire family. Basic informational help on topics such as the basics of mortgages, car loans, credit cards, budgeting, investing can be accessed at motleyfool.com.