Is your daughter struggling in school? Call 866.828.7043

Boarding Schools for Girls Blog

Read the latest news and information about girls boarding schools, single sex classrooms, and girls learning styles.

Experts Urge Additional Financial Literacy Education for Teens

Can your high school student balance a checkbook? Does she understand how much of her car loan payment is going for interest -- or know how to calculate annual percentage rate charges on her credit card?

More and more high schools are teaching courses in personal finance, and many experts believe these may be the most important skills a young person can learn.

"It is one of the most important things we can be teaching students because it will affect them for the rest of their lives," said Sheila Miller, who teaches high school students about banking and personal finance.

Daniel Hebert, president of New Hampshire JumpStart Coalition, noted that new laws will soon make it illegal to issue credit cards to young people under 21 years old without proof of adequate income or an adult cosigner. He said while the new laws will help, teenagers still need to learn personal finance as a skill for adulthood.

Labels: finance

Posted By: Aspen/CRC