Florida just became largest state to mandate personal finance education

The following is an excerpt from CNBC News.

Florida is officially the largest state to mandate a financial literacy course for high school graduation.

On Tuesday, Florida Gov. Ron DeSantis signed bill SB 1054 into law. The legislation was unanimously passed by both the state House of Representatives and Senate in early March.

“What the bill is doing with financial literacy is really providing a foundation for students that’s going to be applicable in their lives regardless of what path they take,” said DeSantis during a Tuesday press event. “This will provide a foundation for the students to learn the basics of money management, understanding debt, understanding how to balance a checkbook, understanding the fundamentals of investing.”

The new law will apply to students entering ninth grade in the 2023-2024 school year, and require that they take a half-credit course in personal finance before they graduate.

Read more here.

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6 thoughts on “Florida just became largest state to mandate personal finance education”

  1. In this year 2022 in my opinion is what every states Politicians should be encouraging , – minus the politics or other lobbyist agenda ? . Every state should be encouraging Community more Farming chickens, eggs crops and in Every States colleges getting kids involved in Chemisty . Despite what Big over seas oil led you to believe in the past you cab create new kinds of Synthetic Hydrogen gases to power New engineered stuff. Example ; By converting All kinds of water with electrolysis to contained Hydrogen gases ~ then treating and or contaminating the hydrogen gases with certain % of esters you can create many new kinds of Synthetic Hydrogen molecule gases. You filter the % and control the New cleaner gas Hydro-Carbons in your new environment…’ There’s only happy cliouds of New creations as Bob Ross the painter used to say ? Bill A. Discoveries ‘ Area 15 Indiana ” New lobbyist creation Naugjty files ???

  2. My earlier post on New creation matter gasses molecules.. Sorry for spelling errors, I give my Google spelling auto corrections a F grade in app soelling errors you are the Bad speller auto changing my words ? I shut off auto correction but it keeps doing it anyhow ?

  3. This is all common sense. In the 1970’s, we had a class in high school called “Home Economics!” They taught us basic budgets how to balance checking and savings accounts, how to correctly write a check, and other mundane everyday things that paid huge dividends in our lives. Very boring then but really a good thing to learn about.

  4. I’d say this is a good idea and probably something every state should consider.

    I’ve been surprised many times by people who don’t know how to write a check, or younger co-workers who complain about over draft fees because they didn’t keep track of written vs cleared checks. I once had someone write me a check and then say I needed to deposit it by the next day, so their balance stayed up to date and they didn’t spend more than they had.

  5. This should have been done 20 years ago. IN EVERY STATE. If you need proof, check out the fellas with the shopping carts on your way to work tomorrow. They thought someone else was going to take care of them when they got old. These classes should start in third grade and be upgraded each year thereafter. If you don’t know how to use money, WHY WORK?

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