Fox News
Expand
Browse All Video
Watch Live

You're watching...

Shopper's Market: Financial education

Details

  • Description

    Why aren't schools teaching students about money?

  • Duration 1:56
  • Date

Clips

Also in this playlist...

Latest News

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Taking your kids about money.

Turns out most schools aren't even teaching -- -- the very basics of real life financial education.

In fact 75%.

Of Americans get absolutely no financial literacy education before they get to college.

Or even worse and there are entire lifetime.

-- just thirteen states require personal finance classes for high school students.

That's according to a survey by the council for economic education -- back as the president and CEO of the national endowment for financial education.

And a member of the president's advisory council on financial capability.

He says the first step to raising money Smart head is to be open and honest with.

This is -- -- sure this isn't an argument this is and when something bad has happened but explain to them how you've managed -- mistakes you've made in positive things he's done.

They really do listen and there are very important a drizzle take that and bill that and of their own lives.

Access financial education is a cumulative process that -- on the rapture life that'd be great if we could just say here's a book here's a class you've done.

But this is something you really have to continually learn throughout that your work life.

And even when your child -- -- available -- help teach your child about money include the jump start correlation.

At jumpstart dot or the jump -- coalition has great clearing house.

With a wider range.

Non commercial.

Unbiased information that you can use to really start that discussion with your kids.

Two other web -- you can also check out our Smart about money dot org and Federal Reserve education -- -- Like backs at educating yourself about money is an ongoing process.

The council for economic education survey found that 80% of adults say they need help with financial questions.

In New York Brenda Buttner Fox News.

Load More