Your Kids Will Soon Have Better Money Managing Skills Than You
The state of New Jersey will start implementing money management classes into middle schools. Yeah, you read that right. The Garden State is set to sign a law that requires all middle school students to take financial literacy instructions classes.
This will include every grade in middle school. Many middle school teachers in New Jersey were already trying to make financial literacy a part of their daily academic goals for their student. Now it'll be mandatory.
Students will learn about credit, budgeting, investments, debt and more.
Sen. Dawn Marie Addiego said, "We must reach people early on in life so they can plan ahead and build a foundation of financial knowledge.”
If you think about it, this is actually great because many people are very ignorant about any financial management when becoming an adult. Now, students will have a better knowledge of finances before getting to adulthood.