Choosing a credit card, saving for retirement or for a child's education, or buying a home now requires more financial savvy than ever before. Financial literacy and consumer education – coupled with robust consumer protection – makes the financial marketplace effective and efficient, and better equips consumers to make tough yet smart financial decisions.
Today, only eight states across the U.S. require personal finance before middle or high school graduation. I believe more states should consider making personal finance a requirement for all students who seek a high school diploma.