Teaching Kids About Personal Finance

…in a world of economic uncertainty, rising college costs and social media that can target some of the youngest consumers, financial literacy may be more important than ever for your kids.

What is the purpose of public schooling? It’s an important question. One that requires quite a bit more wrestling and wrangling than it often receives. I lament frequently about the toll of high stakes testing, but the fundamental query – why do we have public schooling at all – is a key, yet often invisible part of the larger education discourse.

If you’re of the mind that public schooling should produce an informed citizenry, ultimately to the benefit of society at large (and theoretically to the benefit of individuals as well), then you’ll likely find yourself in agreement with the following statement: We fail to teach students about personal finance at our own peril.

Who’s teaching your kids about money? Read Donna Krache’s take here.