From Kiplinger · · 2m
Financial Education Gains Momentum
39 states now require personal finance coursework for high school graduation, creating opportunities to teach young people financial skills.
In brief
39 states now require personal finance coursework for high school graduation, creating opportunities to teach young people financial skills. Thirty-nine states require personal finance coursework for high school graduation, helping young people build financial confidence through early education. Originally reported by…
Financial Education Momentum
Thirty-nine states now require personal finance coursework for high school graduation, remarkable progress toward making financial education a fundamental part of growing up.
Trump Accounts Opportunity
Eligible children born between 2025 and 2028 can receive a one-time $1,000 federal contribution to introduce investing and long-term wealth building at an early age.
First Paycheck Moment
Young people earn money through part-time jobs or internships, then must decide whether to spend, save, or invest it.
Parental Confidence Gap
Nine in 10 parents believe children should learn to invest, but only two in 10 feel confident teaching basic financial concepts.
Everyday Money Conversations
A trip to the store or a favorite sneaker can prompt conversations about wants, needs, and the value of money.
Time and Patience Lessons
Young people understand patience and delayed gratification, just as they do with becoming a better athlete or student.
Hands-On Investing
Small, consistent actions taken early can have a meaningful impact over time through compound growth and diversification.
Trump Accounts Details
Trump Accounts become subject to traditional IRA rules after the growth period ends, with penalties for early withdrawals.
Family InvestQuest
SIFMA Foundation's Family InvestQuest offers free online experiences to explore financial concepts together with children.
Financial Confidence
Learning to explore questions together, seek reliable information, and think long-term builds financial confidence.
Progress in Education
In 2022, 12 states required personal finance courses for high school graduation; today, 39 do, helping over 13 million students.
Next Steps for Parents
When young people get money, ask what they plan to do with it, encouraging saving or investing over spending.
In short
Thirty-nine states require personal finance coursework for high school graduation, helping young people build financial confidence through early education.
