Teaching high school kids about finance

Starting to teach kids about personal finances during the high school is a good idea. They are at an age and development level that can help them understand importance of finances and provide a basic framework for their financial future. Financial education includes teaching kids about networking, budgeting, saving, investing, debt management, basics of banking and government programs available to help them. Some large company charitable organizations are also helping with funds to improve financial education for kids.

Many colleges including the University of California at Berkeley, Carnegie Mellon and Rice have developed student programs that sent out college students to teach financial management to teen agers. There are plenty of Web sites including moneythink.org and jumpstart.org that takes financial literacy to heart and organize volunteer groups to teach teenagers about finances. Some states including Utah, Missouri, Tennessee, and Virginia requires at least one semester course in personal finance for high school kids. There are 20 other states that require some form of financial education to be included into the curriculum and 26 other states don’t carry any such requirements. If your high school do not provide help, go online to find a suitable site to get help.