Are you a responsible representative of your community and will you teach your children to be the same?
Unfortunately, research indicates that 43% of parents and caregivers have discussed the importance of prioritizing needs vs. wants with their kids.
42% haven’t taken any steps at all to talk financial basics with their children.
Many parents incorrectly assume that their kids learn money management essentials as a part of their schooling basics. When in fact, fewer than half of the US states require a basic economics course of study.
Sound financial knowledge and a firm grounding in fiscal responsibility are basic self defense for all people, especially young people.
An investment now in educating America’s youth how to attain, save, and buget-a lesson in credit-will pay dividends in the long haul.
How can young people get this financial knowledge they so desperately need?
Contact your local Certified Financial Coach to find out and take action today!
Citations: Capital One’s 2006 Back to School Survey; Post Independent Newspaper, Glenwood Springs, Colorado
Filed under: *Financial Coaching, Financial Education, Personal Finance, Tools | Tagged: CFC, education, financial basics, kids, money management, young people
