The state of financial education in the United States is lamentable. Wouldn’t it be great if young Americans in elementary school or high school were given courses on how to balance a checkbook, how to buy a home, how to budget their hard-earned money to save for the future? Many young people fail in the management of their first consumer credit experience, establish bad financial management habits, and stumble through their lives learning by trial and error.
One of the most promising groups working to change this lamentable situation is the Jump$tart Coalition for Personal Financial Literacy. After discovering this deficiency in financial literacy, the Coalition´s direct objective is to encourage curriculum enrichment to ensure that basic personal financial management skills are attained during the K-12 educational experience.
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